5703 Pinon Ridge (aka Pineridge) Trl
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2022 | Listed by Pinon Real Estate Group LLC | $160,000 | |
| Listed by Pinon Real Estate Group LLC | |||
| | |||
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Perfectly situated lot if you are looking to be near town and also wanting some seclusion -- this 2 acre treed lot offers varied terrain with spectacular views. A topographical survey has been completed showing the building envelope and survey pins are in place. This property is just steps away from public lands and the trails such as Rainbow Trail, Little Rainbow, Spartan East and West Trails. The property has already been surveyed with the ready for your Rocky Mountain Dream Home. Electric box located on eastern edge of property near the road. Driving directions on Google Maps is inaccurate. Please be sure to get specific driving directions.
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| Jan 18, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2021 | No longer available | - | |
| No longer available | |||
| Aug 6, 2021 | Relisted | $149,900 | |
| Relisted | |||
| Jul 19, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017