4617 Highland Dr
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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2023 | Listed by LC Real Estate Group, LLC | $1,100,000 | |
| Listed by LC Real Estate Group, LLC | |||
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Pleased to offer the opportunity to purchase this rare and versatile horse property with an impressive amount of water rights at the base of the foothills in the heart of Boulder County. Offering tremendous privacy yet close to all the necessities, only 30 minutes from Downtown Boulder and less than 5 minutes from the Historic Town of Lyons. This property benefits from fantastic amenities of Lyons, Longmont, and Boulder. Rocky Mountain living at its finest, near an abundance of local reservoirs, hiking/biking trails, and natural areas for your favorite hobbies. This farmhouse takes you back in time with its original charm. It is equipped with beautiful red oak floors waiting to be refinished, 4 bedrooms and 1 bathroom and plenty of space for an addition. The lush +/- 5.45 acres is sure to impress, this one-of-a-kind property is overflowing with potential for investors and families alike. This is a magical oasis with the Highland Ditch running through the property, an abundance of apple orchards, mature maple trees, and green pastures. The sale includes all structures and water rights attached to the property; main farmhouse, a large garage/shop, livestock barn, multiple cottages and sheds with power/water, 4 units of CBT, and a 1/4 share of Highland Ditch Rights. With easy access to I-25 and Rocky Mountain National Park. Near the Colorado Highway 66 and US Highway 36 intersection, yet far enough back to enjoy the abundant sounds of nature and wildlife. Wait there is more! This property also has immediate income potential including 2 1 bed/1bath cabins. Ask about the additional 8.5 acres next to it that is also available for purchase separately. Purchasing both parcels would give you an incredible +/- 14.5 acre retreat with water rights, the ability to build new structures, raise livestock, and more! Let us assist you in creating your vision on this special property, call to schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017