1498 Rainbow Dr
About This Property
The Neighborhood - Blue River Valley Ranch Lakes Estates
A Rare Find, No Comparison-A Gem! This home's neighborhood, Blue River Valley Ranch Lakes Association (BRVRLA), occupies a large tract of private, gated land surrounded by the town of Silverthorne. Its 45 homes host a mix of ages-young families, active retirees, second homeowners and grandparents Close to the town rec path, residents can walk or bike to the vibrant new town
center, with its restaurants, hotels and activities. Discover the delight of private hiking trails in the huge neighborhood open space. Explore the connection just outside a north gate to the Angler Mountain Trail and its link to the Ptarmigan Mountain Trail system. The nearby rec path gives riders access to routes to Dillon, Keystone, Frisco, Breckenridge, Copper Mountain and Vail. Minutes from Summit County's ski resorts, this beautiful home set in a rare, gem neighborhood is one you must not miss!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 3, 2023 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by Nelson Walley Real Estate, LLC | $1,995,000 | |
| Listed by Nelson Walley Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017