3501 County Road 106
About This Property
Welcome to 3501 County Road 106 in Elizabeth-38 acres of horse property with sweeping views, wide-open skies, and space to make your next chapter your own. Ready for development with architectural plans available, this property offers an exciting starting point for bringing your Colorado vision to life.
Imagine a home designed around the way you want to live: windows that frame the landscape, outdoor spaces made for taking in the views, and room to spread out. The available architectural plans help you begin picturing the possibilities and give you a foundation for conversations with your builder.
For those drawn to an equestrian lifestyle, the acreage offers room to envision a property centered around your horses, with potential for a barn, paddocks, and riding space. Whether you're planning a full-time country home or a place to put down lasting roots, there's space here to think beyond the walls of the house.
Picture coffee outside as the day begins, time spent with your horses, and evenings watching the light change across the land. This is the kind of setting that invites you to slow down, step outside, and enjoy where you live.
Bring your vision, explore the architectural plans, and come walk the property. Don't just picture the house. Picture the life around it.
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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 25, 2026 | Listed | $450,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017