37
Map
3464 Elkhorn Rd
About This Property
The property is ready to enjoy from day one with a septic system installed and camper hookups already in place. A brand-new cabin shell is on site and ready to be finished inside, creating the perfect opportunity to design your own cozy retreat for weekend escapes or extended mountain stays. There is also a shed with electricity, providing a great space to gather, cook meals, store gear, or relax after a day outdoors. Outdoor recreation is right at your doorstep. You're just minutes from Spinney Mountain Reservoir and Eleven Mile Reservoir, two of Colorado's premier fishing destinations known for trophy trout, boating, kayaking, and wildlife viewing. Whether you love fishing, hiking, or simply soaking in the mountain air, this location puts it all within easy reach.
Conveniently located about 10 minutes from the town of Hartsel, often referred to as the "Heart of Colorado" due to its central location in the state, you'll have quick access to local restaurants, supplies, and Highway 24 for travel to nearby mountain communities. Despite its peaceful setting, the property is only about 1.5 hours from Colorado Springs, making it an easy escape from city life. Whether you're looking for a private weekend retreat, fishing basecamp, or a future mountain cabin, this treed 5-acre property with reservoir views offers the perfect blend of nature, convenience, and opportunity.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017