65 Elkhorn Rd
About This Property
The land is heavily treed throughout with a mix of mature pines and native scrub, rolling terrain, and natural clearings that break up the forest and offer multiple potential build or camp sites. An old hunting shack with a deck platform is already on the property, giving you a rustic basecamp to work from while you plan your next move. Whether that means building a cabin, setting up a more permanent off grid retreat, or simply using the land for hunting and recreation, the bones are already in place to get started.
The Cody Park POA maintains the roads throughout the subdivision, meaning you get reliable year round access without taking on private road maintenance yourself. That is a genuine advantage over comparable parcels in the area that require you to manage your own access.
The surrounding Cotopaxi and Westcliffe corridor is prime hunting and recreation country, well known for elk, mule deer, and turkey, with public land access nearby adding to the appeal for serious hunters and outdoor enthusiasts. Westcliffe is about 25 minutes away and Canon City is roughly 35 minutes out for shopping, dining, and everyday needs.
Raw, wooded, private, and priced for the buyer who knows what southern Colorado land at this size and setting is worth.
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Cap Rate Calculator
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 30, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed | $135,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017