6860 Nelson 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%.
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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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by WK Real Estate Longmont | $2,250,000 | |
| Listed by WK Real Estate Longmont | |||
| Oct 25, 2023 | Listed | $2,850,000 | |
| Listed | |||
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Nestled on a generous 20-acre parcel, this Southwestern-style stucco ranch home is a serene oasis, perfectly marrying contemporary elegance with the rugged beauty of its surroundings. Situated on the edge of expansive Open Space and Lagerman Reservoir trail, the property enjoys stunning views, tranquility, and privacy. There is an office with an en-suite bathroom and closet, which can possibly be a third bedroom. The Southwestern charm is apparent through authentic details such as kiva fireplaces, carved exposed wooden beams, and stone flooring throughout the house, plus multiple patios and courtyards providing 360-degree panoramic views. Enjoy your morning coffee off the master bedroom patio as the sun bathes the iconic Flatirons and Twin Peaks in a golden glow. In the evening, retreat to the courtyard off the living room, which overlooks your own lake, and a front-row seat to breathtaking sunsets. Included in the 20 acres is a second accessory dwelling unit (brick ranch style with 1729 sq. ft on the main level), 36'x56' metal barn/shop, 36'x23' pole barn, two 8'x10' pump house and miscellaneous out-buildings. Also included are 12 shares of Big Thompson and 3 shares of Swede Ditch (see Conservation Easement for requirements). Could be an excellent property for a Community Supported Agriculture (CSA) program. Please call with questions.
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| Nov 9, 1999 | Sold | ||
| Sold | |||
| Oct 8, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017