19751 County Road 59
About This Property
Note: Taxes are reflective of the entire 84-acre parcel. The subdivision of the 8 +/- acres has been approved by the Saguache County Commissioners.
NOTE: This property was previously listed as ID # 3723574
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Cap Rate Calculator
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 5, 2023 | Sold | ||
| Sold | |||
| Oct 24, 2022 | Listed | $319,000 | |
| Listed | |||
| Jan 7, 2022 | Sold | ||
| Sold | |||
| Dec 4, 2019 | Listed by Pinon Real Estate Group LLC | $449,000 | |
| Listed by Pinon Real Estate Group LLC | |||
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SLV Ranchette with strong infrastructure. The groundwork has been done on this 84 acre ranch with four (4) wells, three-phase power, a stout 1920's farmhouse, enclosed shop, shed. Wells include two (2) stock wells, domestic well to the house, and a 1500 gpm irrigation well that allows for an estimated 65 acres of hay production. Updated 1,695 sf 3bed/1.75ba farmhouse with sweeping views of the Sangre de Cristo Mountains sheltered by cottonwood trees is just off CR 59. Current owner added three-phase power in the last two years and has invested approximately 25k adding nutrient supplements to the soil. Great proximity to outdoor activities, area school and local hot springs.
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| Jun 9, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017