4003 County Road 4
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%.
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Nov 24, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2023 | Listed by First Colorado Land Office, Inc. | $800,000 | |
| Listed by First Colorado Land Office, Inc. | |||
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Large, country home with lots of natural light, incredible mountain and rock outcropping views, and 3 detached garage/shops. Two level home with drive up access to either level. Floor plan allows for plenty of privacy for family and guests. Lots of storage. Both levels exploit the southern exposure and tremendous views with many windows and sliding glass doors accessing the wrap around deck and lower covered patio. (2) two car garages just under 500 sf each with electricity and room for storage. One oversized, 1200 sf detached, 3 bay garage with room for work shop and lots of storage. The lot has many interesting rock outcroppings and a few foundation remnants of the historic townsite of Calcite. Very private location toward the end of maintained County Road 4. Lot borders considerable BLM on the NW corner. Up CR 4 about a mile is National Forest and access to The Rainbow Trail, Stout Lake, and an open unit. Salida is just 30 minutes away. Here's a cool video of the site and surrounding views. https://youtu.be/mcRyp2mhbQ4?si=FHhU3hodeCujpdiU
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017