27480 County Road 5
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 |
|---|---|---|---|
| Feb 6, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by Compass - Denver | $300,000 | |
| Listed by Compass - Denver | |||
| Oct 13, 2022 | Listed | $300,000 | |
| Listed | |||
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Great property to build your dream home or keep as open space for Horses, etc. 395 feet wide on County Road 5 access. 1100 feet deep. Full unobstructed MOUNTAIN VIEWS from Pikes Peak to Longs Peak. Power on Road. Well Water permit available. Water rights transferred for the 5 aquifers below property. Approved to drill for water at the most shallow aquifer available (Upper Dawson) Zoned RA (Residential Agriculture) Rural but 2 miles to pavement. 18 miles to Castle Rock or Parker, 30 miles to Colorado Springs. Maintained roads by Elbert County. Large lots in the area as neighbors. Horse property. Room for barn, Garden, Horse, etc. Backside of property has open valley views.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017