17520 County Road 386
About This Property
Looking for a special property surrounded by nature? Maybe you want to create a memory-making retreat for your family. With a wonderfully updated mobile home, bunkhouse and partially finished garage that includes a bath, laundry, and oversized bedroom you can easily accommodate friends and family. If you work from home, you can take a break to enjoy the splendor of the Collegiate Peaks while you work from the freestanding office. Whether you enjoy hunting, fishing, or hiking, this property is for you as it backs against BLM land and the Arkansas River is literally down the hill from your front door. With three extra storage areas and an oversized 2 car garage with workshop, you can certainly house your ATV's and other toys. The lovely mountain town of Buena Vista is only 8 miles to the south and offers shopping and dining along with year-round events. If you want to build your dream home, the property has two permitted wells with one tied to the existing home and permitted for 1500 sq. ft. of outside watering. The other is ready for you to build the house of your dreams that includes a breathtaking view. This might also be a perfect investment property so let your imagination run wild. With a peaceful mix of shrubs, aspen, timber trees, wildflowers and a spectacular view, the property may be just what you are looking for!
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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 1, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by Coldwell Banker Collegiate Peaks Realty | $749,900 | |
| Listed by Coldwell Banker Collegiate Peaks Realty | |||
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LAND WITH BENEFITS!
Looking for a special property? This is the perfect property to create lasting memories. The property boasts of a wonderfully updated 3 BD/1 bath mobile home, bunkhouse and a partially finished garage with 1 bedroom and 1 bath to accommodate friends or family. If you work from home, you can take a break to enjoy the splendor of the Collegiate Peaks while not feeling like you are in the office. Whether you enjoy hunting, fishing, hiking or any outdoor activity, this property is for you as it is backs up to BLM land. The Arkansas River is down the hill from your front door. There are three extra storage areas and an oversized 2 car garage with workshop so you have plenty of space to house your ATV'S and other toys. The magnificent mountain town of Buena vista is only 8 miles to the south and offers shopping and dining along with year-round adventures. If you want to build your dream home, this property has two permitted wells with one tied to the existing home and permitted for 1,500 sq. ft. of outside watering for lawn/garden and the other well is ready for you to build the house of your dreams to include breathtaking views. With a peaceful mix of shrubs, Aspen, timber trees, wildflowers and spectacular views, this property may be just what you are looking for! Be sure you peek in the bunkhouse called "2 Cute." It is just behind the garage and and is one of the Seller's favorite places. The outbuilding across from the house is perfect for a quiet office or getaway place. Behind the house is a vegetable garden and an array of wildflowers. There is a great deal to explore such as the Colorado Trail and a couple old copper mines. The property also has an old sheep herder's trailer on it to the north. It is a fun place to explore. This is a rare gem and a must see!
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| Jan 2, 2023 | No longer available | - | |
| No longer available | |||
| Oct 26, 2022 | Price Decreased |
$769,900
↓ $30K
(3.8%) | |
| Price Decreased | |||
| Sep 13, 2022 | Listed by First Colorado Land Office Inc | $799,900 | |
| Listed by First Colorado Land Office Inc | |||
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HOME WITH OVER 18 ACRES OF UNLIMITED POTENTIAL!Looking for a special property surrounded by nature? Maybe you want to create a memory-making retreat for your family. With a wonderfully updated mobile home, bunkhouse and partially finished garage that includes a bath, laundry, and oversized bedroom you can easily accommodate friends and family. If you work from home, you can take a break to enjoy the splendor of the Collegiate Peaks while you work from the freestanding office. Whether you enjoy hunting, fishing, or hiking, this property is for you as it backs against BLM land and the Arkansas River is literally down the hill from your front door. With three extra storage areas and an oversized 2 car garage with workshop, you can certainly house your ATV’s and other toys. The lovely mountain town of Buena Vista is only 8 miles to the south and offers shopping and dining along with year-round events. If you want to build your dream home, the property has two permitted wells with one tied to the existing home and permitted for 1500 sq. ft. of outside watering. The other is ready for you to build the house of your dreams that includes a breathtaking view. This might also be a perfect investment property so let your imagination run wild. With a peaceful mix of shrubs, aspen, timber trees, wildflowers and a spectacular view, the property may be just what you are looking for!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017