01 E Elkhorn Road #1450
About This Property
Escape to the tranquil beauty of Northern Arizona with this exceptional 40-acre property. Nestled off the paved road, this land holds the promise of your ideal retreat, complete with essential amenities and awe-inspiring mountain views.
Key Features:
Secluded Serenity: Situated away from the beaten path, this 40-acre parcel offers the seclusion and tranquility you've been craving.
Water Storage: Three water storage containers, with capacities of 1550, 1100, and 500 gallons respectively, ensure a reliable water supply for your needs.
Storage Convenience: A 20-foot storage container provides ample space for stowing away your belongings and equipment. Self-Sufficiency: Benefit from the property's septic system, propane tanks, and an energy-efficient 12x20 tiny home with a kitchen and R-30 insulation. While the tiny home doesn't have a bath, it offers a cozy space for relaxation.
Ample Parking: Car/RV parking and a convenient carport offer plenty of space for your vehicles and recreational toys.
Panoramic Mountain Views: Revel in breathtaking mountain views that surround you, providing a constant source of natural beauty and inspiration.
Community Wells: Sierra Verde Ranch offers community wells for property owners, ensuring access to water resources and peace of mind.
Your Escape Awaits:
Imagine the possibilities of owning 40 pristine acres of Arizona land, complete with essential amenities and stunning views. Whether you're seeking a peaceful retreat, an off-grid adventure, or a place to call home, this property offers the canvas for your aspirations.
Seize the Moment:
Don't let this opportunity for a slice of Northern Arizona paradise pass you by. Contact us today to schedule a viewing and experience the magic of this exceptional property for yourself. Your dreams of escape, serenity, and natural beauty await.
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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 |
|---|---|---|---|
| Apr 13, 2024 | No longer available | - | |
| No longer available | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Dec 28, 2023 | Relisted | $110,000 | |
| Relisted | |||
| Dec 27, 2023 | No longer available | - | |
| No longer available | |||
| Sep 4, 2023 | Price Decreased |
$110,000
↓ $10K
(8.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/12/2023
|
Loft
|
-
|
-
|
$120,000
Loft
-
|
-
-
|
Shena Lee Korn
Russ Lyon Sotheby's Internatio
| |
|
09/09/2020
| |
1 Bed
|
1 Bath
|
896 ft²
|
$95,000
1 Bed
1 Bath
896 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017