0 Severance Lodge Rd
About This Property
The property includes a drilled well, septic study, survey, and complete architectural plans for a 1,000-square-foot home, all included at no additional cost. The second legal buildable lot provides added privacy, future building potential, investment value, or the opportunity to sell separately. Electricity is available along Severance Lodge Road.
Enjoy peaceful mountain living just 7 miles to Nederland, 12 miles to Black Hawk, minutes from Golden Gate Canyon State Park and Eldora Mountain Resort, approximately 40 minutes to Boulder, and about one hour to Denver. A rare chance to own two adjacent buildable lots in one of Colorado's most scenic mountain settings.
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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 5, 2026 | Listed | $219,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017