6319 Balsamroot 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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by HomeSmart | $16,900 | |
| Listed by HomeSmart | |||
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Appox 1/2-acre lot in beautiful Larkspur, CO! This property has THE best views of the sweeping meadow, the valley, then the foothills and mountains beyond. The lot has a desirable gentle rolling slope, not overly treed' or wooded, but still offers a good amount of privacy. This is an unimproved lot in an undeveloped area. Utilities and paved road have not been installed and there is an unknown timeframe for paving of the road and extending the utilities. Property would be on public water and sewer only and no building permit shall be issued until utilities are installed. There is an unknown time frame for this to occur so the lot would be an investment at this point. Lot is located less than 2 miles from Bear Dance Golf Course! The Golf Club at Bear Dance offers stunning views of the Front Range and surrounding landscape of The Rocky Mountains. Consistently rated as Colorado's best! Access to the lot is gated to restrict camping and dumping in the area so be sure to contact your agent or the listing agent for access instructions.
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| Feb 22, 2016 | Sold | ||
| Sold | |||
| Feb 11, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017