7557 Back Stretch Dr
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 1, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Price Decreased |
$489,000
↓ $16K
(3.2%) | |
| Price Decreased | |||
| May 29, 2024 | Price Decreased |
$505,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 9, 2024 | Listed by Group Harmony | $515,000 | |
| Listed by Group Harmony | |||
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Welcome to this beautiful 5 bedroom and 3 bath home conveniently located in the Wellington downs subdivision only 10 minutes from Fort Collins. This home has a beautiful open concept with tons of natural light. Three spacious bedrooms and two baths on first level. Backyard is fully fenced for privacy along with a new hot tub to relax in. The basement has beautiful full wet bar for entertaining. The basement is fully finished with fresh paint and brand new carpet. The basement has a secret room behind a hidden book case for storage, you don't want to miss it. Two extra spacious bedrooms with additional bath. This place is perfect for anyone looking to relax in a quiet neighborhood, and storage for all your toys.
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| Sep 25, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017