13570 Hwy 285
About This Property
This land is an opportunity of a lifetime. A beautiful location minutes from Salida with 360-degree views. A gated community nestled in the hills of Colorado's breathtaking mountains. This mountainous treed lot has a lot to offer and is easily accessible with well-maintained roads. This is the perfect place to build your mountain dream home for those seeking peace and serenity. Whether you're looking to enjoy breathtaking views, hike the many trails in the area, or simply relax in solitude, this land has everything you need. So, what are you waiting for?
Lastly, to top it off, this land is improved with a domestic well and electric, ready to go!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2022 | Listed by First Colorado Land Office, Inc. | $600,000 | |
| Listed by First Colorado Land Office, Inc. | |||
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98 ACRES IN CHAFFEE COUNTY BORDERING BLM Land! I know, I know... It seems too good to be true.
This land is an opportunity of a lifetime. A beautiful location minutes from Salida with 360-degree views. A gated community nestled in the hills of Colorado's breathtaking mountains. This mountainous treed lot has a lot to offer and is easily accessible with well-maintained roads. This is the perfect place to build your mountain dream home for those seeking peace and serenity. Whether you're looking to enjoy breathtaking views, hike the many trails in the area, or simply relax in solitude, this land has everything you need. So, what are you waiting for?
Lastly, to top it off, this land is improved with a domestic well and electric, ready to go!
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About Chaffee
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Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 8560160
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