6438 Thunderbird 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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 26, 2025 | Listed by Engel & Volkers Denver | $100,000 | |
| Listed by Engel & Volkers Denver | |||
| Jun 6, 2023 | Listed | $124,900 | |
| Listed | |||
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1-Acre LOT in a magical pine forest nestled in the popular "Spring Canyon" area of Perry Park. Large and Beautiful Red Rock Formations are ON-SITE plus Tremendous Mountain Views and views of nearby Soaring Red Rock Monoliths. Backs to Open Space with even MORE Rock Formations. It is just like being in your very own "Garden Of The Gods" (as seen in Colorado Springs) with red rock formations ON and surrounding this breathtaking site. * Several trails have been installed through the woods and around the rock formations at this location--enjoy exploring this LOT. Peaceful location with NO highway Noise. What a breathtaking spot to build your Dream Home upon. * Only 2-blocks from existing paved road and utilities--unknown time-frame for the extension and installation of these improvements. (No building until the road is paved and the utilities are installed). HOWEVER, Lot Owners in this area are actively working with Douglas County in an effort to put together a Local Improvement District (LID) for the installation of these improvements. Engineering studies are expected to begin shortly. IF successful (no guarantees), improvements could go in as soon as 2025 and the lot could qualify for a build permit in 2026. Invest ahead of this future infrastructure and claim an absolutely breathtaking 1-Acre build-site. * Feel free to hike this site and envision all of the possibilities. The property pins are in the process of being located, staked and flagged. CALL for a copy of the PLAT showing the lot dimensions. * Wildlife galore including friendly herds of mule deer and white tails, birds galore, flocks of wild turkeys, and beautiful seasonal hummingbirds * There is NO HOA in this area, but there are limited and reasonable covenants and zoning restrictions--- Call for a copy of the covenants, Plat Map and satellite photos!
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| Jun 10, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017