22
Map
104 Cedar Dr
About This Property
Surrounded by stunning mountain views, the property features electricity at the lot line and convenient year-round access via county-maintained roads. Whether you're planning a full-time residence, mountain getaway, or future investment, this lot provides a strong foundation to bring your vision to life.
Outdoor recreation is right at your doorstep. Enjoy boating, paddleboarding, fishing, hiking, camping, and endless mountain adventures just minutes away at Twin Lakes. Ideally located between Buena Vista and Leadville, and only a seasonal drive from Aspen via Independence Pass, you'll have easy access to some of Colorado's most sought-after destinations.
With infrastructure already in place, breathtaking scenery, and a newly improved price, this is an outstanding opportunity to secure your piece of the Colorado mountains.
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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.
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