425 5th St
About This Property
Great opportunity in the quiet town of Hugo, Colorado! This cash-only, as-is property has been demoed and is ready for a quick rebuild. Perfect for investors, flippers, or buyers looking to bring their own vision to life. The home sits on a spacious lot with solid potential for value-add improvements. Convenient location near town amenities and easy highway access. Don't miss your chance to turn this blank slate into your next investment success.
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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 |
|---|---|---|---|
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 17, 2026 | Price Decreased |
$20,000
↓ $20K
(50%) | |
| Price Decreased | |||
| May 2, 2026 | Listed | $40,000 | |
| Listed | |||
| |||
|
Investor Special - Ready for Rebuild!
Bring your vision to life with this unique opportunity in Hugo! This property has been fully prepped for renovation, offering a clean slate for your custom design. With a spacious lot and no HOA, the possibilities are endless-whether you're dreaming of a modern farmhouse, investment property, or cozy small-town retreat. Located in a quiet community with easy access to local amenities. Sold as-is and ready for your ideas!
| |||
| Jan 2, 2026 | Price Decreased |
$65,000
↓ $10K
(13.3%) | |
| Price Decreased | |||
| Nov 21, 2025 | Price Decreased |
$75,000
↓ $10K
(11.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017