1117 Bellows Rd
About This Property
All property corners are marked and there are fence posts to mark the property boundaries around most of the land and a well maintained wood sided storage shed provides storage for your adventure gear
The Ranch of the Rockies association gives access to many amenities, including hiking trails, a burn pit, and a stocked fishing pond that boasts some very nice rainbow trout. With gold water stream fishing, and multiple public reservoirs to augment your fishing needs within an hour drive. There are also miles of roads and trails in the 4-mile recreation area for 4x4 and off road adventures. The Pike and San Isabel National Forest surrounds the Ranch of the Rockies for nearly unlimited access to hiking and hunting lands and the property is about an hour from the Breckenridge Ski Resort with the Arkansas valley just over the hill for world class mountain climbing and river rafting.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017