55780 Highway 9
About This Property
Infrastructure groundwork has already begun, with an electric pole brought on to the property. An existing well is in place offering a starting point for future water use. A survey and thoughtfully designed plans for a 4-bedroom A-frame home with a garage are also available, helping you jumpstart your vision for a mountain retreat or full-time residence. Whether you're looking to build now or invest for the future, this property offers an exceptional opportunity to own a slice of Colorado's high-country landscape with unmatched access, views, and proximity to both quiet wilderness and vibrant resort amenities.
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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