Park
131 Hitchrack Rd
$610,000
●
House -
For Sale
131 Hitchrack Rd
Bailey, CO 80421
3 Beds
1 Bath,
1
Half Bath
2,132 Ft²
$3,183
Est. Monthly
4.74%
Cap Rate
About This Property
A home with privacy with an easy access level circle driveway.
Attached garage has a workshop space complete with convenient
access stairs to the basement. There is a mudroom entry from the
garage. This home sits on a hard to find extremely level and sunny
lot and is located in Deer Creek Valley Ranchos. Some repairs will
be required. Houses includes a 2 level deck with one covered. Game
in lower level includes a pool table and a gas free standing stove.
The vaulted living room also includes a free standing gas stove.
Master bath includes a sauna. Septic inspection has recently been
completely and approved. The yard has a fenced section around the
home for your pets. There is also a 10x20 shed with power on the
property.
Unit Size
2,132 Ft²
Days on Market
-
Land Size
3.96 acres
Price per sqft
$286
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1978
Listed By
Carrie Hill
Rocky Mountain Real Estate Inc
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 11 months ago (REcolorado MLS #2717155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Listed | $595,000 | |
| Listed | |||
   | |||
|
A home with privacy with an easy access level circle driveway. Attached garage has a workshop space complete with convenient access stairs to the basement. There is a mudroom entry from the garage. This home sits on a hard to find extremely level and sunny lot and is located in Deer Creek Valley Ranchos. Some repairs will be required. Houses includes a 2 level deck with one covered. Game in lower level includes a pool table and a gas free standing stove. The vaulted living room also includes a free standing gas stove. Master bath includes a sauna. Septic inspection has recently been completely and approved. The yard has a fenced section around the home for your pets. There is also a 10x20 shed with power on the property.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Sauna
Appliances: Washer, Dryer, Microwave
Laundry Features: In Basement
Has Fireplace
Fireplace Features: Gas, 2+ Fireplaces
Basement: Partially Finished
Exterior Details
Square Footage: 2132
Property Condition: Fixer, Not New, Previously Owned
Architectural Style: Chalet
Year Built: 1978
Building Area Total: 1326
Levels: Two
Other Structures: Outbuildings
Construction Materials: Wood Siding
Patio and Porch Features: Patio, Deck
Lot Features: Level, Gutters
Lot Size Area: 172498
Lot Size Units: Square Feet
Lot Size Acres: 3.96
Lot Size Square Feet: 172498
Water Source: Well
Financial Details
Tax Annual Amount: $2,244
Utilities Details
Heating Type: Baseboard
Sewer : Septic Tank, Septic
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Carrie Hill, Rocky Mountain Real Estate Inc
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 2717155
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 2717155
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