6448 Elaine 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 |
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| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | Listed by Berkshire Hathaway HomeServices Elevated Living RE | $145,000 | |
| Listed by Berkshire Hathaway HomeServices Elevated Living RE | |||
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Exceptional Buildable Lot in Evergreen Park Estates! Discover an ideal canvas for your dream home on this picturesque 1.22-acre lot, nestled in the sought-after Evergreen Park Estates. This surveyed property is primed for your unique design, offering serene wooded surroundings with majestic spruce, ponderosa, and aspen trees. Key features included a prime location in a walkable neighborhood just a mile from the local access to Alderfer/ 3 Sisters trailhead surrounded by nature and hiking trails, plus only a few miles to Evergreen High School. This lot is perfect for a home with a walkout basement to work with the topography and gain maximum Northeast Exposure for views and morning sunshine. Internet, natural gas, and electric services are conveniently available nearby, and there is a well permit already in place to streamline your building process once you own the property! This site is easily accessible on a county-maintained road so you never have to worry about the road getting plowed. Take the first step towards building your foothills retreat! For further details, don't hesitate to schedule a property tour. Your dream home awaits-start your journey today!
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| Apr 21, 2023 | Listed | $165,000 | |
| Listed | |||
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Great Buildable lot in Evergreen! This 1.22 Acre lot in the desirable Evergreen Park Estates is surveyed and ready for your design. This is a very walkable neighborhood and about a mile from the nearest trailhead for the Alderfer/ 3 Sisters open space park. The lot itself is wooded with spruce, ponderosa and aspen trees and at the bottom of the property there is a seasonal stream. Nestled in a quiet area, this could be the site for your foothills home with a walkout basement leading down the stream. Xfinity, natural gas and electric are all nearby and ready to be tapped for your new house. The site will need a well and septic system and the Seller has applied for a new well permit which would transfer with the sale. The top corners of the lot are well marked so you can get a good idea of the lot from the road. GPS will not take you directly to the site, so please see the directions listed and look for the listing sign. Please call the listing agent for more information or for a property tour! Build your dream in the foothills- start today!
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| Jul 26, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017