56 MacDonnell
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 |
|---|---|---|---|
| Oct 3, 2025 | Relisted | $175,000 | |
| Relisted | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by Real Broker, LLC DBA Real | $175,000 | |
| Listed by Real Broker, LLC DBA Real | |||
| Oct 30, 2023 | Listed | $175,000 | |
| Listed | |||
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Discover the untamed beauty of this 40-acre canvas of nature's finest artistry, nestled in the heart of Fremont County, Colorado. A harmonious blend of Trees, Rock Outcroppings, and Meadows awaits your imagination. With multiple pristine locations for construction or simply parking your camper, this property offers unobstructed vistas of the majestic Wet Mountains. Few places in the world grant you such an intimate connection with nature, where you can also catch glimpses of the awe-inspiring Sangre de Cristo mountain range. True seclusion and off-grid living beckon on this parcel, untouched by the restrictions of HOAs and covenants. You'll be free to design your dream retreat without compromise. The land's eastern boundary stretches to meet over 100 acres of BLM land, providing you with an extended playground for exploration, hiking, and adventure. You'll relish the tranquility and privacy that this location offers, with no prying eyes to disrupt your peace. Conveniently situated within an hours drive from the charming towns of Canon City, Westcliffe, and Salida, you'll find all the amenities you need while maintaining the sanctuary of your wilderness haven. The Arkansas River, renowned for its revered rafting experiences and Gold Medal Fly fishing opportunities, flows nearby. The adventures are endless, from casting your line into the pristine waters to navigating the exhilarating rapids. This property is more than a piece of land; it's a chance to connect with nature, to live in harmony with the land's rugged beauty, and to experience the freedom of the Colorado wilderness. Whether you envision building your dream home, a rustic cabin, or simply want a getaway from the hustle and bustle of city life, this land holds endless possibilities for your imagination. Embrace the Colorado spirit and create a legacy in this pristine landscape. Don't miss this rare opportunity to make this extraordinary property your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017