9320 Mulberry Rd
About This Property
The lot is full of character, with a dry seasonal creek running through the property. The grass is excellent native grass and hasn't been grazed in years. It is fully fenced and ready for your horses or cattle. There is electrical along both the east and the full length of the north boundary. There are numerous building sites throughout.
Come enjoy country life where the deer and antelope play. Each property is home to Pronghorn, Mule Deer, Coyote, Fox and many small game animals. The properties would make great horse properties or simply rural living with wide open spaces.
The area south of Calhan, Colorado, in eastern El Paso County, features a cold semi-arid climate. At ~6,500-6,700 ft elevation on high plains, it has precipitation of (~15-18 inches annually), abundant sunshine, and large daily temperature swings. Winters are cold: January highs ~40-43F, lows ~15-18F, with snow possible (annual total moderate, ~50+ inches regionally). Summers are warm: July highs ~83-86F, lows ~54-56F.Spring and fall bring variable weather, with occasional thunderstorms in summer.
Located 33 miles due east of Colorado Springs, makes this location convenient and private. Enjoy rural living, 10 miles south of Calhan, Colorado.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Sold | ||
| Sold | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Price Decreased |
$69,000
↓ $11K
(13.8%) | |
| Price Decreased | |||
| Feb 15, 2026 | Listed | $80,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017