700 State Highway 31 E
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 |
|---|---|---|---|
| May 19, 2026 | Listed by Ebby Halliday Realtors | $55,000 | |
| Listed by Ebby Halliday Realtors | |||
| May 15, 2026 | No longer available | - | |
| No longer available | |||
| Nov 19, 2025 | Listed by Ebby Halliday Realtors | $55,000 | |
| Listed by Ebby Halliday Realtors | |||
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Great opportunity along State Highway 31 E in Trinidad! This property offers just under 1 acre of land with an existing concrete pad, making it an ideal site. With excellent highway frontage and high visibility, this location provides strong traffic exposure and easy access in and out of town.
The cleared lot and concrete foundation give you a ready-to-use space with flexible possibilities. Located outside city congestion but close enough for convenient access, this property offers a versatile footprint for your next project or investment.
All information is deemed reliable but should be independently verified by the buyer and buyer’s agent.
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About Trinidad
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 21276041
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017