676 N County Highway 67
About This Property
The property boasts numerous buildings including a 13-room retreat center, a large main house/duplex, a caretaker log cabin, eight tiny cabins, maintenance garage, and other outbuildings. The retreat center and the main house/duplex are characterized by sky-lights and vaulted ceilings, with ample natural light streaming in.
A short stroll from the main parking area and the retreat center reveals an amphitheater and an array of tiny cabins spread out on the property. The 1/2 acre pond has a gathering spot with a beautifully built timber frame pergola made from wood harvested from within the property.
Visitors particularly appreciate the custom-built Treenet village that has drawn awe for hours on end, with hanging structures suspended on trees above a vibrant boulder garden. Further along the various trails, other custom-built art pieces await discovery.
The Korean Christian Church initially established this property and subsequently it has been stewarded and improved by Everland and The Sanctuary of the Inner Compass.
Significant improvements and infrastructure upgrades have occurred over the past several years, including renovation of the retreat center, new metal roofs and new septic systems on all buildings.
There is an abundance of nearby outdoor recreation featuring fly fishing, hiking, rock climbing, and 100's of miles of trails for off road motorized vehicles on Rampart Range immediately behind the property.
Current Use Permit: Religious Retreat with 25ppl over 25 weekends
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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