36010 Private Road 73
About This Property
Experience 38 acres of pure Colorado freedom in beautiful Elbert County. With panoramic views, total privacy and plenty of room to roam, this property offers the perfect balance of peace and potential.
The beautifully updated modular home provides immediate comfort, so you can settle in right away. Zoned agricultural, the land is ideal for horses, livestock, or hobby farming - and with no HOA, the possibilities are truly endless. Includes an additional structure perfect for equipment storage and/or animals. As well enclosed storage under the home.
Bring your animals, equipment, and imagination - there's space for it all. Stunning Colorado hill country. Just minutes from Kiowa, Elizabeth, Parker, and Castle Rock, you'll love the charm of small-town living with easy access to big-city conveniences. Whether you're seeking a rural retreat, a working farm, or a smart long-term investment, this property delivers on every front.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by MB Freedom Realty | $490,000 | |
| Listed by MB Freedom Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017