1972 Cr-12
About This Property
Experience the very best of Colorado mountain living on this exceptional 20+ acre property, where a year-round stream and private pond are just steps from your front door. Nestled beneath the dramatic Mosquito Range, the home enjoys breathtaking panoramic views, outstanding privacy, and an unforgettable alpine setting.
The property offers exciting future potential, with the possibility of subdivision and water rights already acquired for the individual lots. Whether you're looking for a private mountain retreat, a legacy property, or an investment opportunity, this rare offering delivers exceptional versatility.
Outdoor enthusiasts will feel right at home. Pan for gold in the stream, where gold has been discovered in the past, cast a line in your private stream or pond, explore the surrounding landscape, or simply relax and soak in the peaceful surroundings. Wildlife, fresh mountain air, and endless recreation await right outside your door.
Conveniently located just minutes from the historic towns of Alma and Fairplay, this one-of-a-kind property combines privacy, natural beauty, recreation, and future development potential-all in the heart of Colorado's spectacular high country.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017