1310 APPLEBY Drive
About This Property
While secluded, this upscale subdivision is set against the backdrop of some of Colorado's most picturesque country. Turkey Rock Ranch is surrounded by the Pike National Forest with views of Pikes Peak, Sheep Nose Mountain, Thunder Butte, the Tarryall Mountain Range, as well as its namesake, the iconic Turkey Rock formation.
In addition to its own hiking trails and fishing, Turkey Rock Ranch is just a couple miles from many ATV and hiking trails, and it is within close proximity to the Deckers and Cheesman Canyon stretches of the South Platte River, known for its gold medal fly-fishing opportunities. For thrill-seekers, the Turkey Rock Formation is a popular hiking and rock climbing location. While Turkey Rock Ranch Estates is remote, it is only 37 miles to Colorado Springs and a scenic 60 miles to Denver.
Within the community, the subdivision boasts ten private lakes stocked three times per year, a disc golf course, a picnic area, and numerous trails and recreational opportunities.
Payment Calculator
Your Estimated Monthly Payment
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017