39281 County Road 38
About This Property
Listed By
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 |
|---|---|---|---|
| Jul 20, 2026 | No longer available | - | |
| No longer available | |||
| Jun 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 5, 2026 | Listed | $1,100,000 | |
| Listed | |||
| |||
|
**Priced to sell!** This exceptional 173-acre property in Fleming, Colorado offers a rare combination of acreage, infrastructure, and residential space, making it an outstanding value for ranchers, investors, or those seeking a multi-generational country lifestyle. Fully set up for livestock operations. The property features two homes, including an impressive main residence spanning more than 5,000 square feet with a private mother-in-law suite, ideal for extended family, guests, or flexible living arrangements. A second home offers just over 3,000 square feet of living space, creating opportunities for employee housing, rental income, or multi-family use. Additional improvements include two large shops, providing ample space for equipment storage, workshops, agricultural operations, or business use. With extensive acreage, livestock-ready infrastructure, multiple residences, and the valuable state lease, this property is a turnkey opportunity that offers exceptional versatility and value. Don't miss your chance to own this unique northeastern Colorado ranch property-173 acres, two homes, extensive improvements, all priced to sell. Property being sold "AS-IS". Additional 336 acres available MLS# 1061144.
| |||
| Feb 20, 2026 | Listed | $1,699,000 | |
| Listed | |||
| |||
|
Located just two hours from Denver in Fleming, this extraordinary 520 acre estate offers refined rural living on Colorado's Northeastern Plains. With sweeping pasture views, exceptional infrastructure, and a transferable 160-acre state lease, the property seamlessly blends luxury, privacy, and agricultural capability. The 5,000+ sq ft main residence is thoughtfully designed for comfort and multi-generational living, featuring 5 bedrooms and 5 bathrooms, including a private mother-in-law suite with handicap-accessible bath, gas fireplace, kitchenette, and in-suite laundry. Natural light fills the home through over $60K in newer windows, highlighting the wood-burning fireplace, inviting sunroom, loft space, metal roof, and timeless stucco exterior. A well-appointed second residence offers 3,000+ sq ft with 4 bedrooms and 2 bathrooms, an open-concept layout, spacious master suite with soaking tub, and a butler's pantry-ideal for extended family, guests, or potential income use. Designed for both lifestyle and productivity, improvements include a 70x50 livestock barn with LED lighting, 40x20 livestock barn, 50x80 metal machine shop with concrete floors and 220 outlets, and an insulated, air-conditioned cool room/vet facility. Two wells and five stock tanks (three with automatic floats) support livestock operations across rolling grass pastures. This is a rare opportunity to own a legacy-scale property offering elegance, scale, and operational readiness in one exceptional setting.
| |||
| Sep 28, 2025 | Price Increased |
$1,900,000
↑ $150K
(8.6%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017