10140 County Road 45
About This Property
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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%.
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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.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 25, 2021 | Sold | ||
| Sold | |||
| Aug 21, 2021 | Listed by First Colorado Land Office, Inc. | $875,000 | |
| Listed by First Colorado Land Office, Inc. | |||
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Unsurpassed views, 1000+- Ft of Arkansas River Frontage (under Colorado Parks & Wildlife fishing easement), and bordering BLM to the north are just a few of the key features of this unique, 44 acre horse property in peaceful Howard, Colorado. The 2001 home features 4,395 square feet of living space between (2) full, 3 bedroom, 2 bath, residences separated by lockout interior staircase. Lower level is walk out. Main and lower level South facing living area windows and deck and patio have unbelievable views of the Sangre De Cristo range and Arkansas River Valley. To the north and BLM, rock outcroppings and rolling foothills. Lower unit has a 20 X 26 walk out bonus room for studio, office, gun room, workshop, etc. Property is fully fenced for horses and/or livestock with well maintained tee post and 3 strand wire fence. Nice sized paddock area between house and arena. The enclosed arena is 48 X 156 with a 17 X 156 enclosed side space for stalls, tack and equipment storage, etc. New on demand water heater in the upper unit, new metal roof and guttering, new pellet stove in the lower level. Long term and short term rental potential, live/work, mother in law setup, the possibilities are endless. 18 miles from Salida on Hwy 50 and County Road 45. Vallie Bridge Recreational Site with Campground and boat put in is only 1 mile away down County Road 45. The manager has listed the unit size as 2508 square feet.
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| Oct 21, 2020 | Listed | $875,000 | |
| Listed | |||
| Jul 11, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017