877 Selkirk Ln
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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 3, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by High Ridge Realty | $189,900 | |
| Listed by High Ridge Realty | |||
| Jun 3, 2024 | Listed | $200,000 | |
| Listed | |||
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This is a beautiful lot on the popular Michigan Hill subdivision approximately 60 minutes SW of Denver. The Park County Co location has an abundance go fishing, hunting, river and lake sports, hiking and biking as well as off road driving are all nearby. The Property is treed with a mix of Aspen and Pine, there are minimum of fallen trees which is a huge cost consideration in development of the lot. There is a driveway to the top of the lot from where there are beautiful views of Southpark. This location has the beauty of seclusion and views, a rare opportunity to purchase a premium lot in this sought after sub division. Septic engineering is available as are fully completed architectural and engineered plans for a 3 bedroom (approximately 2700 sf) house.
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| Jul 29, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017