8555 Converse Rd
About This Property
This one-of-a-kind property offers- Multi-generational Living, Versatility and Space, (Truck & Equipment parking).
Perfect for a Business owner, motorsport enthusiasts, hobby farming, Animals and MORE!
- Home #1 (Built in 1989):
Updated Ranch-style layout.
4-Bedrooms & 2 Bathrooms, Detached 2-car garage,
Workout Bldg.
Deck,
Backyard - great for pets or kids.
- Home #2 (Built in 1954):
Updated Ranch-style layout.
4-Bedrooms, 1 Bathroom,
with finished basement.
Fenced yard, Trex Deck,
Updated Electrical & Windows.
New Furnace in 2023 & Insulation.
- Outbuildings include:
Building #1: 2,500+ sq ft with concrete floor
Building #2: Approx. 1,500 sq ft with concrete floor
9 Grain Bins - ideal for storage or agricultural use.
RV-dump
- Utilities:
Separate electric meters, propane tanks (Owned), and septic systems for each home.
- Motocross Track:
Laid out across nearly 25 acres - ready for training, recreation, or events.
This unique property offers limitless potential for living, working, and playing - all in one place. Whether you're a motocross rider, a business owner needing space, or someone looking to house extended family, this is a must-see!
*Easy Access to Denver, Brighton, D.I.A. These HOMES and LAND are only 1/4 mile off PAVED road ( 88th Ave.)
We have Lenders to get you Qualified. Call us today for your personal showing.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 14, 2025 | Price Decreased |
$1,057,000
↓ $20K
(1.9%) | |
| Price Decreased | |||
| Oct 18, 2025 | Price Decreased |
$1,077,000
↓ $63K
(5.5%) | |
| Price Decreased | |||
| Oct 4, 2025 | Price Decreased |
$1,140,000
↓ $2K
(0.2%) | |
| Price Decreased | |||
| Sep 9, 2025 | Price Decreased |
$1,142,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by Home and Land Realty | $1,147,000 | |
| Listed by Home and Land Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017