6303 County Road 5
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%.
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by LIV Sotheby's International Realty | $750,000 | |
| Listed by LIV Sotheby's International Realty | |||
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Enjoy the quiet rural lifestyle on 4.27 acres in beautiful Erie, CO. With nice pastoral and mountain views, this home and property provides multiple options for building new or updating and/or expanding upon the existing 3,400 sqft 5 bedroom, 3 bath home with an attached 2 car garage and multiple outbuildings including a barn, detached garage and multiple storage sheds as well as a large carport for additional covered parking. The home has hardwood floors on the main level with a wood burning stove in the living room. The primary bedroom is huge (two bedrooms converted to one large bedroom - could easily be converted back if the next owner so chooses) with an attached full bathroom and walk-in closet. There is a second bedroom on the main level as well (potential third bedroom if the primary is converted back to two bedrooms). The kitchen has laminate floors and countertops with white appliances and a gas range and is adjacent to a dedicated dining area. There is a convenient mud room off the garage with laundry, a half bath and a coat closet. The basement is carpeted with a second family room, bar and rec area plus 3 non-conforming bedrooms and a 5 piece bath. The home is being marketed and sold as-is.
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| Jun 29, 2018 | Sold | ||
| Sold | |||
| Nov 5, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017