20655 County Road 101
About This Property
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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.
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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 |
|---|---|---|---|
| Aug 26, 2026 | No longer available | - | |
| No longer available | |||
| Jul 13, 2026 | Price Decreased |
$995,000
↓ $95K
(8.7%) | |
| Price Decreased | |||
| Aug 29, 2025 | Listed | $1,090,000 | |
| Listed | |||
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Presenting Ramah Springs Ranch. A secluded 160 acre ranch with live water and extensive improvements and outbuildings. The Owner will carry the financing for qualified buyers. 160 acres of rolling hills located at the headwaters of Reed Springs Creek, a tributary to Bijou Creek. The ranch has a large spring fed live water stocked pond. A mixture of Hay meadows and pasture makes this private and secluded ranch ideal for a ranch headquarters or stand alone livestock operation. The spacious 2313 square foot home is a completely improved and upgraded manufactured home and boasts 3 bedrooms and 2 full bathrooms. It boasts a fully updated and remodeled kitchen with new cabinets and countertops. And upgraded and remodeled bathrooms. The home is nestled among mature trees and a mature windbreak. The property has a good water well. Outbuildings are extensive. This well watered ranch boasts good habitat for Mule deer, Whitetail Deer, Pronghorn, Coyote, Fox and Mourning Dove. The pond which was previously stocked provides a great fishing opportunity. The ranch is perfect for Hunting, Fishing, shooting and Equine activities. Located just north of Ramah in Elbert County Colorado on the High Plains, the ranch receives 14-16 inches of annual moisture. The region is known for its good productive ranches and rural living. Ramah is a small quiet town along Highway 24 east of Colorado Springs. The ranch is located 47 miles from Denver Metro and 49 miles from Colorado Springs, Colorado, both boasting highly rated international airports, world class dining and entertainment and both at the base of the Rocky Mountains. For closer shopping options, both Falcon and Elizabeth Colorado are about 30 miles from the ranch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017