71 Pheasant Tail Ln
About This Property
Whether purchased on its own to design and build your dream mountain retreat, or in conjunction with the adjacent residence for a truly one-of-a-kind compound, this property offers unmatched versatility. The gently sloping site provides an ideal canvas for new construction while maximizing privacy and breathtaking vistas in every direction.
All just minutes from world-class ski resorts, charming mountain towns, and only a short drive to the conveniences of a major city-this is a rare chance to secure raw land in a coveted location where natural beauty and accessibility perfectly align.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017