740 Dilley 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 |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Feb 28, 2026 | Price Decreased |
$154,500
↓ $21K
(12.2%) | |
| Price Decreased | |||
| Jan 13, 2026 | Listed | $175,900 | |
| Listed | |||
| | |||
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Set within the wide-open landscapes of Dilley Ranch, this remarkable 35-acre parcel offers the kind of setting reserved for a thoughtfully designed home-one that belongs to the land as much as it stands upon it. Positioned on a corner lot with a cul-de-sac feel, the property features a blend of level building areas, gentle slopes, rock outcroppings, and native trees, creating multiple options for siting a custom residence with privacy and commanding views. From nearly every vantage point, enjoy expansive mountain views and striking natural formations, with space to preserve sightlines, incorporate outdoor living areas, and design a home that captures Colorado's light, skies, and seasons. A domestic well is already in place and electric is available allowing you to plan your build with confidence and flexibility. Located just minutes from Westcliffe, Colorado, the area is known for its authentic mountain-town character, strong sense of community, and designation as a Dark Sky Community, offering unmatched stargazing. Westcliffe provides essential services, dining, local shops, and easy access to hiking, horseback riding, and public lands, while still feeling removed from crowds and congestion. Dilley Ranch is a thoughtfully planned acreage community with annual POA dues, light covenants, and horse-friendly allowances, preserving both property values and the open, rural nature of the land. This is a place for buyers who value space, views, and intention-where a custom home can be designed not just to exist here, but to belong here. If you're searching for land worthy of a truly special home, this offering delivers the scale, setting, and freedom to make that vision real.
| |||
| Jan 7, 2026 | Price Decreased |
$214,900
↓ $10K
(4.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017