1039 Forbes Park Ranch
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 |
|---|---|---|---|
| Oct 22, 2026 | Sold | ||
| Sold | |||
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Sep 12, 2026 | Listed | $18,000 | |
| Listed | |||
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Welcome to Forbes Park, a private mountain community surrounded by the natural beauty of southern Colorado. This lot is 3.43 acres that backs to the San Isabel National Forest, is slightly sloped, has new undergrowth, multiple build sites and mountain views. Enjoy HOA-maintained roads and a community center offering bathrooms, showers, Wi-Fi, a small kitchen, and indoor and outdoor gathering areas. Private access to the adjoining San Isabel National Forest provides additional opportunities for hunting and outdoor recreation. Wildlife is abundant, and the nearby Sangre de Cristo Mountains create a beautiful backdrop for mountain living. Forbes Park is also within easy reach of the San Luis Valley and Great Sand Dunes National Park. Whether you're looking for a peaceful place to camp and enjoy the Colorado outdoors or dreaming of building your own mountain cabin, Forbes Park offers space, privacy, and an incredible setting to make it your own.
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| Feb 2, 2026 | Listed | $15,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017