23
Map
101 Patch Ct
About This Property
A foundation is already in place, along with a septic holding tank, giving the next owner a meaningful starting point for their mountain plans. Whether the goal is a future cabin, a weekend basecamp, or a long-term land hold, this property already has improvements that set it apart from typical vacant land.
The location is a major highlight. The property is close to the Pike National Forest access road from The Buffalo, giving you quick access to outdoor recreation, trails, hiking, exploring, and the kind of mountain lifestyle buyers come to this area for. The tree cover provides a great sense of seclusion while still keeping you connected to nearby community amenities.
Owners in the area also have access to stocked fishing ponds and an RV dump station, adding extra value for seasonal use, camping, and recreation. With the combination of trees, views, gentle terrain, existing foundation, septic holding tank, and close National Forest access, this is a strong mountain land opportunity with more usable features than most vacant parcels.
Trees, Yes; Power, Close; Phone, Yes. BUFFALO FILING 2 LOT 102
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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 |
|---|---|---|---|
| Apr 25, 2026 | Listed | $84,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017