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El Paso
7540 Boone Rd
$340,000
● House - Off Market

7540 Boone Rd

Yoder, CO 80864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,404 Ft²
$378,576
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Newly remodeled 3 bedroom, 2 full bath modular home on 40 acres. 40 acres of fenced eastern Colorado prairie. Plenty of room for horses, livestock, 4H projects, toys and atv's! Completely and lovingly remodeled modular home on a crawl space. New windows, doors, paint, flooring, counter tops, tile, etc. you name it, it's new. Privacy and room to roam, are the best descriptions for this home on 40 acres. Yoder Colorado is 33 miles directly east of Colorado and this home is 10 miles south and east of Yoder. Colorado Springs is the second largest city in Colorado and offers all the things you would expect form a world class city. The property is close enough, yet far enough away to be rural, private and peaceful.
Unit Size
1,404 Ft²
Days on Market
57 days
Land Size
40.00 acres
Price per sqft
$249
Property Type
House
Property Taxes
$33
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 12 months ago (REcolorado MLS #7948784)

Price History

Date / Event Date Event Price
Jan 27, 2022 Sold
Premium
Sold
Sep 22, 2021 Listed by Hayden Outdoors LLC $350,000
Listed by Hayden Outdoors LLC
Jan 14, 2021 Sold
Premium
Sold
May 20, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,742,400
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONUMENT ADD
  • Land Acres: 0000040000
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: N2N2NE4 SEC 26-15-61

Neighborhood

  • School District Name: Miami-Yoder School District 60-JT
  • School Tax School District: WB1
  • Census Tract: 004602

Zoning

  • Zoning: A-35

Geography

  • Assessors Map Reference: Dec 15, 2060
  • Parcel: 15000-00-223
  • Meridian: SEC 26 TWN 15S RNG 61W
  • Municipality: MIAMI YODER 60 JT 1479
  • Latitude: 38.7234
  • Longitude: -104.183

    Address

  • Full Address: 7540 Boone Rd
  • Address - House Number: 7540
  • Address - Street Name: Boone
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Yoder
  • Carrier Code: H080
  • 4-Digit Zip Code: 9632
  • Zip Code: 80864

Valuation

    Tax

  • Total Area: 1,404
  • Tax Year: 2022
  • Tax Amount: $86,372
  • Tax Rate Code Area: WB1

    Appraisal Valuation

  • Standard Deviation: 0.0651
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 96
  • Final Value: 353,766
  • High Value: 376,821
  • Low Value: 330,710

    Market Valuation

  • Market Total Value: $321,800
  • Market Land Value: $50,000
  • Market Improvement Value: $271,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,370
  • Assessed Land Value: $3,480
  • Assessed Improvements Value: $18,890

    Sales

  • Current Sale Contract Date: Jan 27, 2022
  • Current Sale Recording Date: Jan 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13567
  • Previous Sale Recording Date: Jan 14, 2021
  • Previous Sale Contract Date: Jan 14, 2021
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About El Paso

Stats & Trends

Median Asking:

$509,900

Sale Price/ft²

$231

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2638 ft²

Average Home Age

31.2 years

Currently For Sale

2160 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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REcolorado

Listed by: James F Digby, Hayden Outdoors LLC
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 7948784
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 7540 Boone Road built and last sold?
The property at 7540 Boone Road was built in 2002 and last sold on Jan 27, 2022 for $340,000.
How much is this home worth?
The estimated value of the home located at 7540 Boone Road is $0.
What are some comparable homes to 7540 Boone Road?
There are currently no comparable homes to 7540 Boone Road.
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