1404 Buffalo Ridge Rd
About This Property
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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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Listed | $82,500 | |
| Listed | |||
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Discover your mountain retreat on Buffalo Ridge Road, where adventure meets tranquility in the heart of Colorado's high country. This charming 2-bedroom, 1-bathroom mobile home sits on a primarily level lot dotted with mature aspen trees that put on a spectacular golden show each fall. The property offers outstanding renovation potential for those with vision and creativity. What really sets this place apart is the incredible mountain views and the convenience of power already at the lot line, and septic system, making any improvements straightforward. The home has been lovingly maintained by one owner throughout its life. Outdoor enthusiasts will appreciate the easy access via public maintained roads and the private fishing pond perfect for casting a line after a long day. The generous lot size provides plenty of space for outdoor activities, gardening, or simply enjoying morning coffee while watching the sunrise paint the peaks. Location is everything here. You're practically neighbors with Pike National Forest, offering endless hiking, camping, and wildlife viewing opportunities right outside your door. The charming town of Fairplay is just a short drive away, while world-class skiing at Breckenridge and Keystone are easily accessible for weekend adventures. Whether you're seeking a full-time mountain lifestyle, a weekend getaway, or an investment property with serious potential, this gem delivers on all fronts. The combination of natural beauty, recreational access, and development possibilities makes this an opportunity worth exploring. Come see why mountain living at this elevation of comfort and convenience could be exactly what you've been searching for.
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| Nov 3, 2025 | Listed by High Ridge Realty | $82,500 | |
| Listed by High Ridge Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017