TBD CR 1 (Iron Mountain Rd)
About This Property
NO HOA. Easy and direct year round access, primarily on paved roads but off the beaten path. Flat & level sites to be used as you choose. Nearby mountains, rock outcroppings and distant Sangre de Cristo Mountain peak views. Non Descript access to over 28,000+ acres of public land to explore & hunt minutes away. GMU 691. Arkansas River, Buena Vista, Bishops Castle, Canon City, Cotopaxi, Leadville, Royal Gorge, Twin Lakes, Salida and Westcliffe recreation achieved with little distance or time to enjoy as easy simple 1/2 or full day excursions to explore Colorado.
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 |
|---|---|---|---|
| Oct 3, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2022 | Listed by RE/MAX Properties Of The Summit | $30,000 | |
| Listed by RE/MAX Properties Of The Summit | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017