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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2026 | Price Decreased |
$129,500
↓ $21K
(13.7%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed | $150,000 | |
| Listed | |||
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Discover the opportunity to build your dream mountain retreat on this beautiful 3.01-acre parcel in the Saddleback Ridge Estates community of Evergreen, Colorado. Nestled in scenic Clear Creek County, this wooded lot offers stunning natural surroundings and the privacy that mountain living is known for. The property's varied topography provides the potential for a custom home designed to take advantage of the views and unique landscape. You'll have convenient access to I-70 when you want it and still enjoy the serenity of a rural setting within easy reach of Evergreen's amenities, dining, shopping, and outdoor recreation opportunities. The lot is undeveloped, allowing you to create your vision from the ground up. A well has not yet been drilled, and a septic system will need to be installed, giving buyers flexibility in planning and development. Whether you're seeking a full-time residence, vacation getaway, or investment opportunity, this exceptional parcel offers the perfect canvas for your Colorado mountain lifestyle. Don't miss this chance to own acreage in a great mountain community!
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| Apr 8, 2026 | Listed | $130,000 | |
| Listed | |||
| Feb 26, 2025 | Listed by Madison & Company Properties | $140,000 | |
| Listed by Madison & Company Properties | |||
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Explore the ideal home site on this stunning 2.7-acre, north-facing lot in Saddleback Ridge Estates, just 30 minutes from Denver. Revel in breathtaking views of Saddleback Mountain, surrounded by towering pine and aspen trees. This lot provides access via a paved, well-maintained road and includes nearby power lines. Please note that the unimproved land will require the installation of a well and septic system, and a designated building site must be established. Consult with your builder to determine the best site envelope. For more information, review the building covenants and HOA documents at www.saddlebackhoa.com.
Immerse yourself in the recreational opportunities that Clear Creek County offers, including Indian Hot Springs, white water rafting, zip lining, and excellent fishing spots at Idaho Springs Headwaters and Georgetown Lake. Skiing and snowboarding at Echo Mountain are just 17 miles away, while Loveland Ski Resort is a quick 35-minute drive. Don't miss this incredible opportunity-reach out today!
Drone Video Footage available. Be sure to check it out!
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| Jun 5, 2024 | Listed | $175,000 | |
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3.01 Acres Evergreen-Floyd Hill lot. Welcome to your mountain getaway! Beautiful Lot # 3 in the Saddleback Ridge Estates at the base of Saddleback Mountain in Evergreen Colorado. This subdivision, located just 30 Minutes from Denver gives you the best blend of mountain living and convenience. This 3.01 Acre lot will make the perfect home site with stunning views, Pine and Aspen Trees, access off two sides via a paved & maintained road. Unimproved land...Building site will need to be established. Needs Well & Septic. Power lines at Road. Bring your Builder for advice on best site envelope. View Building Covenants and HOA Documents at www.saddlebackhoa.com, Enjoy the Mountain lifestyle! Proximity to the World famous "El Rancho" restaurant and Down Town Evergreen Shops, Lake & Golf Couse. Minutes to the Buffalo Overlook, White Water rafting, Zip Lining and popular Fishing spots on the Idaho Springs Headwaters and Georgetown Lake. Skiing and Snowboarding are 17 miles away at Echo Mountain. The Loveland Ski Resort is only 35 minutes away. Own a piece of the Rockies...Call today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017