26
Map
381 Red Cloud Rd
About This Property
The property features a peaceful natural setting with dramatic Colorado skies, rugged rock outcroppings, and a quiet sense of seclusion, while still offering year round access and convenient proximity to Hartsel, Buena Vista, and endless outdoor recreation. Nearby State Trust Land access expands the feeling of open space and recreation opportunities right out your back door. Whether you envision a mountain getaway, future cabin site, or basecamp for exploring the Rockies, this property captures the wide open beauty and untamed character that make Colorado land ownership so desirable.
Get lost out your back door in Buffalo Gulch State Trust Land, which is 640 acres, located steps away and is open from September 1st to the end of February for hunting Coyote, Deer, Elk, Pronghorn and Rabbit. An additional 2,125 acres of BLM borders the southern end of Buffalo Gulch.
Power lines run the edge of the lot. Verizon cell coverage available at lot. Ask about available land financing options. Take advantage of the 7-day free trial of the onX Hunt app to view parcel boundaries while walking the property. You are welcome to visit the property at any time to explore and experience the setting firsthand.
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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