1738 County Road 185
About This Property
Other Improvements:
Open 200X20 loafing shed with 10 runs used in the past for horse runs, now used for equipment storage.
Shop with overhead door.
Calving barn and pens
3 bed mobile home
Loafing sheds in the Bull pasture
Airplane hanger and runway.
Numerous solar wells, electric wells and windmills and a pipeline system
Excellent fencing and cross fencing that works incredibly well for cattle rotation
Several sets of corrals and pens
Two pivot irrigation sprinklers
Two grain bins
Several stock sheds
several stock dams
See website for additional details.
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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%.
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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.
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 |
|---|---|---|---|
| Jan 26, 2023 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by HAYDEN OUTDOORS LLC | $7,300,000 | |
| Listed by HAYDEN OUTDOORS LLC | |||
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A 10,681 acre all contiguous ranch with 7,779 deeded acres and 2,902 leased acres including a 960 acre Colorado state school lease and a 1,942 acre private lease. All upland range is short grass prairie. The owner rates the carrying capacity at 400 cow calf pairs year around. With 10,681 total acres total, the ranch is optimally fenced and extremely well watered for extremely efficient operations. 160 acres of dry land hay ground and 68 acres of irrigated under two pivots. The gorgeous sprawling main home boasts 4,762 square feet of living area and includes 4 bedrooms, 3 full baths, a bonus room and a wonderfully appointed living area with dramatic stone appointments. The home features a huge master suite with a fireplace, sitting area and attached master bath. The country kitchen features Spanish tile, and wood accents and beams. 150 ft x 360 ft indoor roping arena, complete with roping boxes, roping chute and alley, 2nd story birds nest observation area and a well appointed 2nd level apartment. This arena isn't your run of the mill indoor barn, but a commercial quality facility built by world champion barrel racer and gold medalist Marlene Eddelman McRae and her husband, former PRCA calf roper Doug McRae. 6 stall horse barn with tack room, turnouts and wash rack. Ranch equipment included with the right offer.
Other Improvements:
Open 200X20 loafing shed with 10 runs used in the past for horse runs, now used for equipment storage.
Shop with overhead door.
Calving barn and pens
3 bed mobile home
Loafing sheds in the Bull pasture
Airplane hanger and runway.
Numerous solar wells, electric wells and windmills and a pipeline system
Excellent fencing and cross fencing that works incredibly well for cattle rotation
Several sets of corrals and pens
Two pivot irrigation sprinklers
Two grain bins
Several stock sheds
several stock dams
See website for additional details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017