716 6th St
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 |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by RURAL AMERICAN REALTY | $89,900 | |
| Listed by RURAL AMERICAN REALTY | |||
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BARGAIN, Bargain, bargain! This two-bedroom, one bath fixer-upper is conveniently situated in the quaint Eastern Colorado town of Hugo, Colorado. The Living Room and Kitchen are quite spacious for a home of this size. Whether you are looking for an investment or a home for yourself, this property needs some creative imagination and TLC. The bones seem good, a little paint and flooring will make this property one to be proud of. Vacant for a while and part of an estate, buyers will be purchasing in an "as is" condition. No claims are being made to the working order of appliances or systems. Four lots, a one car garage, storage shed, and chicken coop complete the offerings. Call to schedule a showing today.
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Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 4289545
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017