2120 Bonell Dr
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%.
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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.
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 |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$140,000
↓ $29K
(17.2%) | |
| Price Decreased | |||
| May 1, 2026 | Listed | $169,000 | |
| Listed | |||
| Jan 1, 2026 | Listed by Keller Williams Foothills Realty | $179,000 | |
| Listed by Keller Williams Foothills Realty | |||
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EXCEPTIONAL VALUE IN REDHILL FOREST! This expansive property offers the lowest price per acre for one of the neighborhood's largest lots, making it an outstanding opportunity for discerning buyers. Perched above the Middle Fork South Platte River with sweeping views of the Mosquito Range's snow-capped peaks, this premier parcel includes a deeded fly fishing tag and access to hunting lands. The property is ready for immediate use with electricity on site (two 120V and one 220V connection), a large storage shed, fire ring, and convenient pull-through driveway. Located on Bonell Drive among the neighborhood's most spacious lots, you'll enjoy exceptional privacy. The HOA-maintained community water system with fire hydrants helps reduce insurance costs, while the pump house and secure dump station provide practical amenities for building your dream home or enjoying weekend getaways filled with world-class fishing and hunting.
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| May 8, 2025 | Listed | $225,000 | |
| Listed | |||
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Extraordinary opportunity to own the second largest lot in Redhill Forest. The secluded 9.21 acres located along the end of Bonell Drive, is heavily forested with mature pines, spruce, fir, and cedar trees. A pull-through driveway leads to a camping site, including roughed-in camper pad, 8X10 storage shed, fire ring and unmatched views of the Mosquito Range. A perfect location to camp and/or build your custom mountain home. Electricity is on the property with 2 120V connections and 1 220V connection. Amenities with the HOA fees include a community water system (no well needed), fire hydrants (lower property insurance), deeded flyfishing access to 5+ miles of Middle Fork South Platte River, hunting access on private land. Additionally, the HOA maintains roads for year-round access, a secure dump station, and the well pump house for easy access to spigot water. You will not find a more beautiful property, with the listed combined features/amenities, available in Colorado's desirable high-country region
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| Jan 11, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017