374 Chotaw Rd
About This Property
Looking to unplug and reconnect with nature? This secluded 5-acre lot in Hartsel, Colorado offers the perfect off-grid retreat for anyone craving peace, privacy, and mountain air. Nestled among a healthy mix of trees, this property features breathtaking views of the Collegiate Peaks and Mosquito Mountain Range, with Pikes Peak rising in the distance on the opposite side.
The land offers multiple flat areas, ideal for building your off-grid cabin, parking a camper, or setting up your dream basecamp. A rough driveway has already been cut in, giving you easier access to the back of the lot and more privacy for your build or campsite.
Whether you're dreaming of a simple escape from the city or a self-sufficient homestead, this lot has plenty of space to build, explore, and make your own. Despite its remote feel, AT&T and Verizon cell service are available in the area - just enough connectivity to stay in touch if you need it.
Just a short drive from fishing, hiking, and public lands, this property is a perfect jumping-off point for adventure - or simply a place to unwind and breathe in the solitude.
No HOA. No noise. Just you and the mountains.
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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