21163 County Road 21.2
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 |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jun 19, 2025 | Listed | $621,000 | |
| Listed | |||
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Pre-sale
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| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed by Kristin Lindsey | $75,000 | |
| Listed by Kristin Lindsey | |||
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Ready to build on homesites overlooking the Platte River Valley. This small community northeast of Fort Morgan is a perfect escape from city living. Close enough to town to be convenient but far enough away you can enjoy the peacefulness of country living. On a clear Colorado day you can marvel at the sun set behind the Rocky Mountains, witness an amazing storm roll through, watch so many different species of wildlife wander or fly across your land. On top of all of that, the views in Riverside Ridge are some of the best you can find in Morgan County. Unlike so many of the neighborhoods located around Morgan County that offer small acreages, these lots allow livestock, the HOA rules are much more relaxed, the smaller neighborhood is less busy and less congested. If you are interested in building a new home, don't forget to give these lots a look, you will be pleasantly surprised. The electricity is at the lot line, Morgan County Quality Water Tap is approved (Buyer will need to pay for tap) the line is at the property line, Buyer is responsible for septic and propane.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017