1341 Calcite Dr
About This Property
beauty. This spacious lot provides multiple potential building sites surrounded by mature trees, creating an ideal
setting for your dream home, vacation retreat, or investment property. Enjoy the peace of rural mountain living
while remaining conveniently close to everyday amenities. Just a short drive away, the historic town of Cripple
Creek offers breathtaking scenery, unique shops, excellent restaurants, year-round events, entertainment, and
gaming. Whether you're looking to build now or invest for the future, this property presents an outstanding
opportunity. Large, view-oriented lots with privacy and mature trees are becoming increasingly difficult to find.
Escape the hustle and bustle of city life and create your own mountain getaway where you can relax, explore, and
enjoy Colorado's stunning outdoor lifestyle.
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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 |
|---|---|---|---|
| Oct 8, 2026 | Listed | $19,500 | |
| Listed | |||
| May 21, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Pink Realty | $16,750 | |
| Listed by Pink Realty | |||
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Beautifully treed lot in the wonderful Rainbow Valley community. This lot provides multiple options for a build site, which could include mountain views from the top of the property. Tall, mature aspens and pines are dense here, providing a quiet and peaceful wooded retreat. A majestic slice of nature, ready to become your mountain getaway or relaxing home! There is both electric and a communications box at the southeast corner of the property, adding convenience to your build. A driveway makes sense either at the top of the lot on the southeast corner, or at the bend on the southwest corner. Rentals allowed. Rainbow Valley POA maintains and distributes the community water supply, please see their website for covenants, policies, rules, regulations, and more details at www.rvpoa.com.
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| Jan 14, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017