74 Wrights Ln
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 23, 2026 | Listed | $68,000 | |
| Listed | |||
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | Listed by Saddle Up Realty LLC | $70,000 | |
| Listed by Saddle Up Realty LLC | |||
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Welcome to your perfect building site in the mountains, located in the beautiful Pike Meadows Estates of Guffey! This exceptional property spans over 6+ acres and offers no HOAs or covenants, providing you with the freedom to create your ideal mountain retreat. Set on a county-maintained road, this private corner and cul-de-sac lot ensures extra seclusion, adjacent to a large ranch to the west and presenting multiple prime building sites with stunning unobstructed views in all directions. The area's natural beauty is complemented by the regular presence of stray cow, antelope, and elk, adding to its unique charm. Power and phone lines run along the front of the property, making it an economical and convenient location for building your dream home. Known for its friendly neighbors and serene atmosphere, this well-established community is ideal for grazing animals and suits those seeking a rural lifestyle while remaining close to paved roads. Enjoy panoramic views of Pikes Peak and surrounding vistas and take advantage of the proximity to premier Colorado recreation spots such as the 11-Mile Reservoir, Pike National Forest, the South Platte River, as well as numerous ski areas and rafting sites. This property offers an easy commute to the quaint town of Guffey, as well as Woodland Park and Canon City, combining convenience with the tranquility of mountain living. Don't miss out on this incredible opportunity to build your forever home in nature's grasp - see it today!
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| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Price Decreased |
$70,000
↓ $5K
(6.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017