8472 Windmill Ct
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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by Colorado Mountain Realty | $749,000 | |
| Listed by Colorado Mountain Realty | |||
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Meticulouslycared for property on 2 acres with stunning mountain views of Ouray and Chipeta peaks, located just 5 minutes to Poncha Springs and 10 minutes to downtown Salida. Only two owners. This fairly newly constructed property has had many upgrades since the current owners purchased including: fully landscaped backyard with crab apple, aspen maple, pine and Hawthorne trees, raised beds, drip brass irrigation system, wood deck, new fencing, guttering, central A/C, central humidifier, automatic blinds that operate on a remote control "Pebble system" and a Simply Safe Security System. This home boasts of beautiful marble countertops in kitchen and bathrooms, sunny and open kitchen, dining and living room area, primary suite with a five piece bathroom (water closet, soaking tub, double vanity and step-in tiled shower), two equal sized guest bedrooms (or office) with a full bathroom in between, laundry room and 2 car attached insulated garage with gas wall heater and cement flooring. This property also has a reverse osmosis water filter system, ceiling fans, water softener, radon mitigation system, and a buried 500 gallon propane tank. Septic was pumped and inspected just 2 1/2 years ago. And that is not all! The well has an augmentation that allows for watering all trees and plants outside of the home. Flagstone paths, wood and metal fencing, ample parking spaces, cistern for catching rain water and and upgrade on garage door. This is a must see!
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| May 10, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed | $565,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017