48 Pine Drive
About This Property
This property has two separate gates offering convenience, flexibility, and accessibility. As you explore this remarkable lot, you'll notice the abundance of mature trees that create a serene and private atmosphere.
Outdoor enthusiasts will delight in the proximity to national forest access. Embark on outdoor adventures, including hiking, hunting, fishing, off-roading, and more, right at your doorstep. Immerse yourself in the beauty of the surrounding landscape and embrace the freedom that this location offers.
This property is truly a haven for wildlife. The natural state of the surrounding area attracts turkeys and big game to frequently traverse the land. Imagine waking up to the sight of these majestic creatures roaming through your own backyard.
Don't miss this incredible opportunity to own a piece of Colorado. Whether you're looking for a build site for your dream home, or a base for outdoor adventures, this property has it all. Contact us today to schedule a showing and begin envisioning the possibilities that await you on this remarkable 5.6-acre lot.
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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