4000 N Overland Trl
About This Property
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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%.
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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 |
|---|---|---|---|
| May 31, 2024 | Relisted | $1,850,000 | |
| Relisted | |||
| May 29, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | Listed by Open Real Estate | $2,047,000 | |
| Listed by Open Real Estate | |||
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SELLER FINANCING AVAILABLE! Introducing the remarkable Overland Trail Investment Property, a sprawling 61+/- acre land with endless possibilities, conveniently situated just south of the intersection of N Overland Trail & HWY287 just outside of Fort Collins, Colorado. This exceptional property includes three homes, each with its own unique charm. The first home has 2 bedrooms, 2 bathrooms, and approximately 1,785 square feet of living space. The second home has 3 bedrooms, 2 bathrooms, and approximately 2,400 square feet of living area. The third home has 1 bedroom, 2 bathrooms, and approximately 1,857 square feet of living space. Unparalleled views of the foothills and mountains are showcased from this property, making it a truly enchanting retreat. Additionally, two serene ponds grace the land, further adding to the picturesque landscape. The presence of multiple outbuildings, canals, and pastures only enhances the opportunities this property presents. Rarely does such a remarkable property become available on the market, making this a fantastic opportunity to acquire a large piece of land just outside of Fort Collins, Colorado. The delightful landscape of the property makes it an ideal location for crafting your dream home, hosting memorable weddings, or establishing a captivating summer camp. (Check with Larimer County regarding possible uses). Furthermore, prospective buyers may also choose to continue earning rental income by leasing out the houses to tenants. Multiple streams of income are also possible with cell phone towers, cattle leases, etc. With several pastures and vast open spaces, this property could be tailor-made for a hobby farm, an equine facility, or grazing cattle. (Check with Larimer County regarding possible uses). Easy access to property from HWY287 and Overland Trail. For more information & to explore the full potential of this extraordinary property, reach out to the listing agent. Don't miss the summer pictures and the aerial video tour!
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| Feb 18, 2022 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by Hayden Outdoors - Windsor | $1,800,000 | |
| Listed by Hayden Outdoors - Windsor | |||
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Overland Trail Investment Property is 64+/- acres, and is located South of the intersection of Overland Trail and HWY287. The property features three (3) homes the first home has 2 bdrm 2 bth approx 2121sqft. The second home has 3 bdrm 2 bth approx 2400 sqft. The third home has 1 bdrm 2bth approx 1857 sqft. The property offers two ponds, and vast views of the foothills and mountains. The property also offers multiple out buildings, canals, and pastures. A property such as this is rare to market and is a great opportunity to purchase a large track of land outside of Fort Collins, Colorado. The beautiful land scape makes this property ideal for a dream home, wedding venue, or summer camp. A potential buyer would also have the option to continue renting the houses to tenants .The property has multiple pastures, and would be a great fit for hobby farm, equine facility, or for grazing cattle. Call agent for details
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017