$175,000
●
Land -
Off Market
351 Neosho Trl
Red Feather Lakes, CO 80545
Studio
0 Bath
$1,207
Est. Monthly
$89
HOA / Fees
About This Property
PLEASE DO NOT TRESPASS. Please set up a formal showing to walk this
beautiful 4.16 acre lot. With a well already installed and 2
buildable areas this slice of heaven has many options. Escape to
the beauty and solitude of Crystal Lakes near Red Feather Lakes. A
driveway is already in place and a camper pad for the RV to start
experiencing the great outdoors from day one while you prepare for
your dream getaway home, or create a cozy mountain getaway for
weekend retreats from the city with an RV camper approved for 5
months per year. Private fishing several lakes/streams and access
to national forest land for hiking, horseback riding, etc. Approved
for 2 horses.
Unit Size
-
Days on Market
-
Land Size
4.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$233
HOA Dues
$89
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (IRES MLS #1009005)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Relisted | $180,000 | |
| Relisted | |||
| May 27, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by Group Mulberry | $180,000 | |
| Listed by Group Mulberry | |||
| Jun 22, 2023 | Listed | $185,000 | |
| Listed | |||
| | |||
|
4.16 acres with well already installed! Come and experience the beauty of Crystal Lakes near Red Feather Lakes. Stunning property offers driveway and camper pad for the RV. Start exploring the great outdoors from day one. And with a well already in place, you'll have a reliable source of water. This is your chance! Imagine designing your custom home to maximize the views of the surrounding natural beauty. Or create a cozy mountain getaway for weekend retreats from the city. Approved RV 5 months per year. The options are endless on this one-of-a-kind property. Don't miss out on the chance to own a slice of heaven on earth." Private fishing several lakes and streams, hiking trails and close access to national forest land for hiking, hose back riding, etc. Approved for horses ask for details.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Red Feather Lakes
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Listed by: Billy Miles, Group Mulberry
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1009005
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1009005
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