48 Lodgepole Dr
About This Property
The seller has already invested tens of thousands of dollars in major infrastructure that transfers to the new owner: a water certificate-already paid ($17,500). Power has been brought to the lot and a meter is installed. Plans for a fully engineered septic system are included. Even better: custom home plans are ready to go, saving you months of time and thousands in planning. The driveway is in. A parking pad is cleared. All that's left is to build.
Tucked just off the main road for easy access, this gently sloping lot offers year-round usability with the perfect blend of privacy and convenience. Whether you're building a serene getaway cabin or your forever mountain home, the groundwork is already done-literally.
This is more than just land: it's a fast track to your Colorado mountain dream. Wake up to crisp alpine air, explore endless trails, and return home to the peace of your own high-altitude retreat.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017