1638 20th Trl
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 28, 2026 | No longer available | - | |
| No longer available | |||
| Sep 28, 2026 | Listed | $169,000 | |
| Listed | |||
| Jun 5, 2026 | Listed | $169,000 | |
| Listed | |||
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Sangre de Cristo Mountain views, fully usable fenced acreage, & all the major infrastructure already in place make this 2.67-acre Colorado property a rare find. Unlike most vacant land offerings, this property is ready to enjoy immediately with a household well, installed septic system, paid electric tap, perimeter fencing, existing camper, & storage shed already on site. The level meadow terrain provides exceptional usability for a future home, manufactured home, horse property, weekend retreat, or recreational getaway while allowing buyers to avoid many of the costs & delays associated with raw land development. Light tree cover provides character & privacy without limiting usability, while expansive mountain views create the Colorado backdrop buyers are searching for. With no HOA & no covenants, you'll enjoy the freedom to use the property your way without restrictive regulations or costly association fees. Bring your horses, RV, future building plans, or simply start enjoying the property from day one. The fully fenced acreage offers security for pets, livestock, & equipment while creating a move-in-ready feel that is difficult to find at this price point. Located in the heart of the Arkansas River Valley of Southern CO, owners enjoy easy access to gold medal fishing, world-class whitewater rafting, ATV adventures at Texas Creek, hiking, hunting, rock climbing, hot springs, & endless opportunities to explore Colorado's spectacular mountain landscape. Nearby Canon City, Salida, & Westcliffe provide shopping, dining, entertainment, supplies, art galleries, & year-round community events while still preserving the peaceful mountain lifestyle buyers come here to enjoy. Whether you're searching for a future homesite, retirement property, weekend escape, horse setup, or investment in Colorado land with improvements already completed, this property offers views, usability, freedom, & infrastructure that are becoming increasingly difficult to find.
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| May 26, 2016 | Sold | ||
| Sold | |||
| Jan 7, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017