8768 County Road 134
About This Property
Just east of Elizabeth, this exceptional 17+ acre ranch is built for the serious roper, horse enthusiast, or anyone seeking the ultimate Colorado country lifestyle. The centerpiece of the property is a professionally designed 160' x 240' lighted arena featuring outstanding footing, along with quality pens, chutes, and extensive pipe-and-panel fencing.
The property has been extensively upgraded, with virtually everything renovated or replaced. The beautifully remodeled home showcases a stunning new kitchen with Quartz countertops, a massive center island, and brand-new appliances, complemented by all-new flooring throughout. Additional improvements include new Hardie Board siding, gutters, two new furnaces, two new A/C units, and an InstaHot water system.
Enjoy Colorado's breathtaking sunsets from the spacious 12' x 40' front deck or entertain guests on the new 16' x 20' concrete patio. The walkout basement offers over 2,000 square feet of bright, open space, ready to be finished to fit your vision.
Designed with both livestock and pets in mind, the entire property is fenced with a new continuous panel system for added safety and security while separate dog-fenced front and back yards provide room for your four-legged companions to roam.
BASICALLY EVERYTHING IS NEW!!
Adjudicated water rights will transfer.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017