8114 Fawn Run
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 |
|---|---|---|---|
| Apr 15, 2021 | Sold | ||
| Sold | |||
| May 21, 2019 | Listed by First Colorado Land Office, Inc. | $325,000 | |
| Listed by First Colorado Land Office, Inc. | |||
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Lot #2 of new, Tremarctos Minor Subdivision bordering prestigious Fawn Ridge Subdivision. 2.8 acres with South Arkansas River frontage, Residential zoning, no covenants, potential use as horse property and other small livestock, Upper Ark Augmentation Certificate, paved access from Fawn Run, un-adjudicated ponds, seeps and springs similar to adjacent properties, large pond and drainage is split between Tremarctos lots 2 & 3, passively sub-irrigated pasture, most of both of lots 2 & 3 are in the flood plain but not the floodway. Through application and approval by the proper entities there is a possibility additional build-able areas could be created. Engineered and permitted fill would be required. Private, secluded, yet 1 minute from Highway 50 and about 5 minutes from downtown Salida with true country feel and great views. A local Engineering firm has indicated that with the completion of a successful Letter of Map Amendment the building envelope area could be approximately doubled.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017