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26545 Richmond Hill Rd
About This Property
Located approximately 2.5 miles from Highway 285, the property is accessed directly from paved, county-maintained Richmond Hill Road and includes ownership of the gated entrance and paved private driveway. Unlike many mountain properties, there are no steep climbs, rough dirt roads or difficult seasonal approaches. The arrival is smooth, private and comfortable for standard passenger vehicles and sports cars.
Beyond the gate, the land opens into a remarkably varied landscape of mature pine forest, broad natural clearings, open meadow areas, ridgelines and gently rolling terrain. Multiple potential building locations offer opportunities to orient a future residence around privacy, sunlight and expansive mountain scenery. Existing private internal trails extend throughout the property for walking, hiking, riding and exploring.
A-2 agricultural zoning, no HOA and no restrictive covenants provide exceptional flexibility for a custom mountain estate, equestrian property, hobby farm, legacy ranch or private retreat, subject to applicable county requirements. Wildlife, including elk, deer, moose, bear, and turkey, are regularly observed.
Approximately 6 miles from grocery services and 7.5 miles from shopping and dining in Aspen Park. A rare opportunity to create something enduring on more than 37 private Colorado acres.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 11, 2026 | Price Decreased |
$1,099,000
↓ $151K
(12.1%) | |
| Price Decreased | |||
| Jun 15, 2026 | Listed | $1,250,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017