5151 County Road 160
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 |
|---|---|---|---|
| May 1, 2025 | Price Decreased |
$230,000
↓ $20K
(8%) | |
| Price Decreased | |||
| Jul 30, 2024 | Listed by Keller Williams Clients Choice Realty | $250,000 | |
| Listed by Keller Williams Clients Choice Realty | |||
| Apr 7, 2024 | Listed | $249,900 | |
| Listed | |||
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Magnificent 44 acres located on the highly desirable westside of the valley at the base of the mighty Sangre De Cristo Mountain Range. This beautiful property has so much to offer with 44 acres, 360 degree mountain views of the Sangre De Cristo Mountains, Wet Mountains, and Pikes Peak, and located only 2 miles from National Forest trail heads. Amenities including an excellent water well with generator plug in, septic system, and driveway are already in place. Excellent year round access on county maintained road. Bring your camper and enjoy all summer has to offer in the mountains. Bring the horses to this ideal horse property with plenty of pasture and National Forest riding trails just 2 short miles away. Bring your bicycles and ride only 4 miles to the town of Westcliffe. Westcliffe offers schools, medical services, health club with indoor pool, restaurants, movie theater, coffee shops and more. The Wet Mountain Valley offers 52 high mountain lakes, fishing, extensive hiking and horseback trails, and five peaks over 14,000 feet. Wake up every day to the beauty of the Sangre de Cristo Mountains. This is the perfect place to build your mountain dream home or weekend getaway!
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| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
| Aug 9, 2023 | Relisted | $312,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017