8150 Ranch Estate Hts
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 |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Coldwell Banker Realty BK | $1,500,000 | |
| Listed by Coldwell Banker Realty BK | |||
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Rare opportunity in Old West Ranch! This extraordinary property offers 149.75 acres of serene rural living, encompassing FOUR LOTS with unmatched potential. Lot 1 features a custom home and a large barn with 2 roll-up doors on 40.03-acres, while Lots 2, 3, and 4 provide an additional 109.72 acres (37.84, 36.70, and 35.18-acres respectively). The centerpiece is a stunning 6-bed, 4-bath residence by MasterBilt Homes. Upon entering the residence, homeowners and guests will be captivated by the open-concept design flooded with natural light and breathtaking views of Pikes Peak from all south-facing windows which have UV film for energy efficiency. The gourmet kitchen is a chef's delight with a gas range, walk-in pantry, commercial-grade refrigerator, and patio access from the dining area for easy outdoor entertaining. The living room features a wood-burning fireplace, and the main level includes a laundry room with cabinet storage, a utility sink, and garage access, perfect for a mudroom. The primary suite offers mountain views, a large walk-in closet, and a bathroom with dual sinks and a walk-in shower. Two additional bedrooms and a full bathroom complete the main level living. Downstairs, a large family room with a built-in projector is ideal for relaxing or entertaining. There are three more bedrooms, two bathrooms, and a large utility room which houses a 75-gal water heater, high-efficiency furnace, and extra storage space. Outside, an oversized attached 3-car garage, a partially covered concrete patio, and an in-ground trampoline for added fun! The property is complemented by nearly 100 trees all fed by an auto drip system. Additionally, there is a rented 500-gallon propane tank and two septic tanks for added convenience. This rare find offers a unique opportunity to embrace rural living with modern conveniences and endless possibilities. Don't miss your chance at this remarkable estate with vast land, exquisite living spaces, and breathtaking views.
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| May 11, 2020 | Sold | ||
| Sold | |||
| Mar 1, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017