600 Cloverdale Rd
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 |
|---|---|---|---|
| Dec 6, 2021 | Sold | ||
| Sold | |||
| Dec 5, 2021 | No longer available | - | |
| No longer available | |||
| Oct 28, 2021 | Listed by Keller Williams Advantage Realty LLC | $175,000 | |
| Listed by Keller Williams Advantage Realty LLC | |||
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Quiet, secluded, partially wooded lot on Lookout Mountain with mountain views! Just 20 minutes from downtown Golden, you feel like you are in the deep Colorado wilderness while still having easy access to Denver and a great jump start for excursions into the High Country. From this lot you have immediate access to trails in the Clear Creek Land Conservancy and Rilliet Park Association, offering hundreds of acres of breathtaking views of the mountains, magical creeks and meadows, and an abundance of wildlife and wildflowers. Get a day hike in on the Beaver Brook Trail System connecting to Chimney Creek where you will find Paragliders getting ready for take off. Or, jump on your mountain bike and ride a short distance to the Enchanted Forest Trailhead in Apex Park where you will be enchanted. The owners have done all of the necessary planning and acquired the required approvals from Jefferson County to build a 3-bed, 2-bath primary residence plus a 1-bed, 1-bath mother-in-law Accessory Dwelling Unit, including approved septic and setback variances; determined legal parcel and legal access; preliminary septic and well designs; architectural, civil, structural and mechanical engineering designs; and preliminary contractor pricing. Renderings of the proposed home and ADU design are available for your viewing upon request. There is an old cabin on the property that could be rebuilt or removed. When viewing this lot, please pull into the roughed in driveway so the private road is not blocked by vehicles. You can also park at the gate and walk to the driveway access. There are residents beyond the gate so it is important that the road is clear. Thanks for your cooperation!
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| Jun 3, 2021 | Listed by Keller Williams Advantage Realty LLC | $175,000 | |
| Listed by Keller Williams Advantage Realty LLC | |||
| Jan 18, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017