6150 Tim Rd
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 |
|---|---|---|---|
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 10, 2026 | Listed | $28,900 | |
| Listed | |||
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Wake up to breathtaking sunrises and 360-degree mountain vistas on this premier 40-acre sanctuary near the Colorado-New Mexico border. This expansive property at 6150 Tim Rd offers the perfect blend of high-desert peace and modern accessibility, featuring direct road access and nearby electricity to streamline your build-whether you envision a self-sufficient homestead, a seasonal basecamp, or a sprawling mountain estate. Adventure is always within reach, as you're perfectly positioned just 20 minutes from the fishing and boating at Sanchez Reservoir and less than an hour from the world-class skiing and vibrant arts scene of Taos, New Mexico. Embracing the freedom of the San Luis Valley and the rugged beauty of the Sangre de Cristo range, this land is a rare canvas for your most ambitious dreams.
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| Sep 6, 2025 | Price Decreased |
$29,900
↓ $10K
(25.1%) | |
| Price Decreased | |||
| Apr 4, 2025 | Listed by Keller Williams Preferred Realty | $39,900 | |
| Listed by Keller Williams Preferred Realty | |||
| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017