1 Platte Dr
About This Property
This vacant lot is across from 654 Tristan Loop, Fairplay, CO 80440. Discover the perfect location for your mountain retreat in the heart of Fairplay. Nestled in the scenic Rocky Mountains, this lot offers easy access to outdoor adventures like hiking in Pike National Forest, trout fishing in gold-medal streams, and relaxing at nearby Fairplay Beach. Whether building a vacation home or a permanent residence, these properties provide the perfect balance of natural beauty and modern convenience.
Buyers are encouraged to verify all information and not rely on the seller's information.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed | $190,000 | |
| Listed | |||
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Last Updated: 8 days ago
Data Source: REcolorado MLS, MLS# IRE8865272
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