39373 US Hwy 24
About This Property
This beautiful ranch is approximately 163 +/- acres. The property has the Big Sandy Creek bottom running through over one third of the ranch, which includes productive bottomland and pastures. This is an amazing hunting and cattle ranch close to Denver and Colorado Springs, Colorado. TERRAIN & WATER: The terrain is diverse, including bottomland, rolling plains and open meadows. Power is to multiple building sites. There are no water wells, but neighboring wells are approximately 63 feet deep, pumping 12 gallons per minute. Also, there are multiple locations with seasonal water pools. ROADS & FENCING: Year-round access to the ranch is directly off paved Highway 24. Ranch roads run through the property. The ranch is perimeter fenced in its entirety with three sides being barbed wire and one side with hot wire. WILDLIFE & VEGETATION: This Ranch is a sportsman's paradise located in Game Management Unit 105, supporting large populations of wild game. A buyer can apply for the coveted landowner tags for big game since the ranch is over 160 acres. Mule deer, whitetail deer, turkeys, dove and even elk inhabit the bottomland of the Big Sandy Creek with large antelope along the cottonwood edges and the plains. COMMENTS: There are very few smaller ranches this close to Denver and Colorado Springs with the highly sought-after cottonwood bottoms and rolling plains creating the perfect family hunting and cattle property with unlimited potential.
The information contained herein has been deemed reliable, but is not warranted by the Broker, express or implied, and is subject to change, prior sale, errors and/or omissions and withdrawal from market. SHOWN BY APPOINMENT ONLY - DO NOT TRESPASS.
Contact Williams Ranch Group for any viewings.
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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