6640 Apache Ln
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 4, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | Listed by First Colorado Land Office, Inc. | $700,000 | |
| Listed by First Colorado Land Office, Inc. | |||
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A-frame house perched in upper Pinon hills over looking the Arkansas River Valley. This rustic A-frame is constructed using a durable stucco, providing a resilient but cozy home. As you enter the house a hallway introduces you to the primary and a secondary bedroom that can be used as office space. You also come across the first floor bathroom with a large shower and impressive vanity. The end of the hallway places you in a homey living and dining space, with a small yet well equipped kitchen tucked in the corner. The entire first floor is encased in a large deck that can be used as outdoor living space to enjoy the beautiful Colorado weather. Following stairs to the second level, you enter a cozy living room with floor to ceiling windows providing incredible views of the mountains surrounding Salida. This second level features a handy bathroom and inviting bedroom serving as an escape from the craziness of the outside world. This house is placed upon a 1.2 acre plot of land and adequate space for outdoor storage, with an abundance of beautiful Pinon trees dotting the property. This delightful A-frame is a sanctuary that invites you to embrace the serenity and grandeur of Colorado living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017