1445 Redhill Rd
About This Property
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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 5, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Listed by eXp Realty, LLC | $65,000 | |
| Listed by eXp Realty, LLC | |||
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This exceptional 2-acre lot in Redhill Forest offers the perfect blend of privacy, natural beauty, and convenience. With electricity already on the property, a leveled build site, and a cleared, graveled driveway with a turnaround, much of the groundwork has been done for you. Surrounded by towering mature trees, this serene setting provides a peaceful retreat with the potential for stunning mountain views. A fire hydrant is conveniently located at the bottom of the property, adding an extra layer of safety. As a property owner in Redhill Forest, you'll enjoy exclusive private fishing rights and hiking access to Reinecker Ridge. Plus, with year-round accessibility, you're just 15 minutes from Fairplay and only 45 minutes from world-class skiing in Breckenridge. Don't miss this opportunity to own a piece of Colorado's stunning landscape-come see it for yourself!
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| Aug 4, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017