35650 US Highway 24
About This Property
Discover your own slice of paradise with this exquisite property, perfectly situated next to public lands and accessible year-round. Just 10 minutes from the charming town of Florissant and a mere 45 minutes to the vibrant city of Colorado Springs, this land offers both tranquility and convenience.
As you enter through the roughed-in driveway, you'll be greeted by a landscape adorned with unique rock outcroppings and lush pine trees. The expansive views are nothing short of breathtaking, providing a serene backdrop for your dream home or recreational retreat.
This property is a nature lover's dream, offering easy access to hiking, wildlife viewing, and countless outdoor adventures right from your doorstep. Whether you're looking to build, camp, or simply escape the hustle and bustle, this land provides the perfect canvas for your vision.
Don't miss out on this rare opportunity to own a piece of Colorado's natural beauty.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017