24925 County Road 89
About This Property
The ranch has small pockets of Ponderosa Pine and small buttes and deep draws. Eagle Rock, a large butte known historically as a perch for hawks and eagles, is the focal point of the ranch. There are two stock dams on the property. The ranch also has a new solar livestock well and a set of corrals, a working alley and head gate, wind break, and storage building. The native Buffalo and Gramma grasses are in good shape and very well sodded. Views of Pikes Peak and the front range Rocky Mountains are spectacular. The fencing is mostly new 4 wire barbed wire and steel posts. The water rights have been adjudicated and are included. Seller owned mineral rights are included. The ranch is ready for your cattle.
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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 |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by HAYDEN OUTDOORS LLC | $560,000 | |
| Listed by HAYDEN OUTDOORS LLC | |||
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Eagle Rock Ranch is 320 acres of rolling hills native grass pasture on the high plains east of Kiowa, Colorado.
The ranch has small pockets of Ponderosa Pine and small buttes and deep draws. Eagle Rock, a large butte known historically as a perch for hawks and eagles, is the focal point of the ranch. There are two stock dams on the property. The ranch also has a new solar livestock well and a set of corrals, a working alley and head gate, wind break, and storage building. The native Buffalo and Gramma grasses are in good shape and very well sodded. Views of Pikes Peak and the front range Rocky Mountains are spectacular. The fencing is mostly new 4 wire barbed wire and steel posts. The water rights have been adjudicated and are included. Seller owned mineral rights are included. The ranch is ready for your cattle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017