N Kankakee Rd
About This Property
One of the perks of this region is the abundance of outdoor activities available, including hiking, fishing, skiing, and horseback riding. With the Great Sand Dunes, Arkansas River, and Royal Gorge Bridge nearby, you'll never run out of places to explore. Plus, the dark skies in Westcliffe make it the perfect spot for stargazing. With a regional airport and hospitals within reach, you'll have all the amenities you need at your fingertips. Whether you're looking for a quiet retreat or an adventure-filled getaway, this vacant lot in Silver Cliff has it all.
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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 9, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by United Country Wapiti Ranch Realty and Auction LLC | $73,000 | |
| Listed by United Country Wapiti Ranch Realty and Auction LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017