5523 County Road 37
About This Property
Welcome to 5523 County Road 37, a rare opportunity to enjoy the freedom and flexibility of rural Colorado living while remaining conveniently close to town amenities. Situated on a spacious property designed for those who need room to spread out, this versatile acreage offers endless possibilities for horse enthusiasts, hobby farmers, outdoor adventurers, and anyone seeking extra space for equipment, recreational vehicles, or business-related storage.
The property features ample room for horses and livestock, with existing equestrian improvements and plenty of open space to create the setup that best fits your needs. Whether you envision a small hobby farm, a place for 4-H projects, or simply room for your animals to roam, this property provides the flexibility to make it happen.
Bring your RV, camper, boat, trailers, ATVs, side-by-sides, tractors, and equipment. The generous outbuildings, stable, and open storage areas provide abundant room for all your recreational and agricultural needs.
The home offers comfortable country living with beautiful views, mature landscaping, and a peaceful setting that allows you to enjoy Colorado's wide-open spaces. Imagine evenings spent watching sunsets from your property, morning coffee overlooking your horses, and weekends enjoying everything this unique lifestyle has to offer.
Welcome Home!
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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.
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017