231 Deer Ln
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 |
|---|---|---|---|
| Sep 4, 2025 | Listed | $75,000 | |
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Commanding 9.5 acres wrapped in tall pine and shimmering aspen, this Park Ridge Ranch parcel delivers the Colorado setting everyone wants, with big sky views across the western slopes of Pikes Peak and the Rampart Range. Rolling contours, sunlit benches, and pockets of meadow create natural building areas that feel private and inspiring, while granite outcrops and healthy timber add character and wind protection. Reasonable covenants and no HOA keep ownership simple, and year-round county-maintained roads make access easy in every season. Spend your days exploring nearby public lands, then return to your quiet ridge to catch pastel sunsets drifting over layered mountains. Outdoor possibilities are endless, from hiking and horseback rides to fishing, boating, and renowned hunting in surrounding units. Mueller State Park, Eleven Mile Reservoir, Pike National Forest, and the Florissant Fossil Beds all sit within comfortable reach, giving you a lifetime of trailheads, water, and wildlife to enjoy. When you want supplies or a meal, mountain towns including Guffey, Florissant, and Cripple Creek are handy, while Woodland Park and Colorado Springs offer expanded services, events, and conveniences. Whether you envision a future home, a weekend base for adventure, or a long-term land hold in a coveted corridor, this property checks every box with scenery, privacy, and practical features. Come breathe the crisp air, walk the tree line, and feel how the land opens to long views and clear starry nights. Opportunities like this are rare in a setting this beautiful, and this parcel is ready to reward vision with a place you will be proud to own. Choose from multiple build sites along the ridge where southern exposure invites warm winter light and wide stargazing skies or place a cabin in the timber for shade and privacy. Game trails and seasonal wildflowers weave through the understory, and the quiet setting makes an excellent base for archery season or peaceful weekend retreats!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017