0 Ramah Hwy
About This Property
This parcel is very well sodded with improved grasses and has a shelter belt with mature trees. There is also numerous habitat trees that have been planted. The property has towering Pikes Peak views. There are several spectacular building sites on the property. Located only 37 miles from Colorado Springs, the property is within commuting distance of Colorado Springs.
Antelope are abundant in the area. The area is also home to Mule Deer, Coyote, Fox, Waterfowl, and Mourning Dove and other various small game animals and birds.
Currently, all but 12 acres of the property is enrolled in the Conservation Reserve Program. The CRP pays $10.00 per enrolled acre annually.
The property will be conveyed with any seller owned mineral rights. The mineral estate to be determined by buyer upon receipt of a title commitment.
Located in eastern El Paso County Colorado near Yoder, Colorado, the area is a ranching community. The climate is temperate with warm summers and mild winters.
Located 37 miles east of Colorado Springs, Colorado via Highway 94.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed by Hayden Outdoors LLC | $192,000 | |
| Listed by Hayden Outdoors LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017