11475 US Highway 85
About This Property
Also included are the Oliver Tractor, Swather and Hay Baler.
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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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Jul 6, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by MB Cohn & Assoc | $1,850,000 | |
| Listed by MB Cohn & Assoc | |||
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Highly sought after Agricultural/Farm land, with house, workshop, barn, storage and hay sheds situated on 43 acres next to Chatfield State Park! House has over 2000 square feet above grade with open floor plan. Hardwood floors throughout the kitchen and great room. Wood slat ceiling in entry and kitchen. Kitchen with slab granite countertops, tile backsplash, and stainless appliances and exhaust hood. Great room is vaulted and has a fireplace with stone surrounding it. Main floor primary bedroom with its own 3/4 bath and a sliding door leading to the private screened-in porch. There is a tiled formal dining room or could be used for multiple purposes as well. There is a laundry, full bath and another 3/4 bath rounding out the main floor. Upstairs is anther bedroom with a large sloped ceiling closet. The finished basement adds another area for a family room as well as storage. There are four parcels of land making up the 43 acres. The land is zoned A1 and can be used for farm, ranch or just to enjoy the mountain and valley views as well as Chatfield State Park. There is a 3 car detached garage, enormous 4040 square foot heated shop/barn with 2 large overhead doors, cement floors and and upstairs with rough-in for what could possibly be an apartment. There are also 4 three-sided hay sheds, a 3 stall barn, and two more sheds on the land. This land at one time was the school house for the Colorado Territory of Acequia and the small school house is still on the property being used for storage. Imagine all of the possibilities this land has to offer. Make your own touches and instant equity.
Also included are the Oliver Tractor, Swather and Hay Baler.
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| Apr 30, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017