4005 E Blaney Rd
About This Property
The main home is nicely appointed and features three beds and three baths, with an attached 3-car garage. Adjacent to the main home, there is a large 5-stall barn with ample storage space. You will find a loafing shed with multiple fenced and cross fenced pastures. There is a large outdoor arena with an attached round pen. You will also find an additional outbuilding that could be utilized as an additional garage or workshop, offering plenty of storage space for equipment, tools, and more.
Adjacent to the main home, the manufactured home provides additional living space, with two beds and two baths, perfect for a guest house, a rental opportunity or multi-generational living. There is an additional outbuilding that was previously used as a 4-stall barn and has been converted into storage with an easy conversion back to a barn.
As a bonus, this property has a commercial well with proper permitting to run a dog kennel. The outbuildings present could easily be converted into a dog kennel for income production. Most of the leg work has been done to begin this business and information can be provided to the buyer if they'd like to run a facility.
With its peaceful surroundings and stunning views of the surrounding landscape and mountains, this property is a true retreat from the hustle and bustle of city life. Don't miss this opportunity to own your own slice of Colorado paradise!
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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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Relisted | $1,275,000 | |
| Relisted | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed | $1,275,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017