185 Bear Lake Cir
About This Property
Enter through the spacious courtyard and discover a thoughtfully designed floor plan featuring a large living room with a
natural gas fireplace and walkout to the patio. The spacious kitchen offers granite countertops, a center island, gas range,
wall oven, tile flooring, and plenty of cabinet space, while the dining room showcases stunning tongue-and-groove wood
ceilings and opens to the patio for easy indoor-outdoor living. The main-level primary suite features a five-piece bath with a
walk-in jetted tub, separate shower, dual vanities, and closet space. A second bedroom, full bath, and convenient half bath
complete the main level. The finished walkout lower level offers a large family room with a cozy gas stove, a third bedroom,
full bath, and a non-conforming fourth bedroom currently used as a craft room. The lower level offers excellent potential for
a mother-in-law suite or multi-generational living. Washer and dryer are included. An oversized two-car garage with an
attached studio/workshop provides plenty of room for hobbies, projects, or extra storage. Enjoy the peace, privacy,
abundant wildlife, and access to seven private lakes throughout the Highland Lakes community, offering opportunities for
fishing, kayaking, and enjoying the outdoors. This exceptional mountain property is just a short drive from Woodland Park
and Colorado Springs. Schedule your showing today!
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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 |
|---|---|---|---|
| Sep 29, 2026 | Listed | $799,900 | |
| Listed | |||
| Jun 15, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | No longer available | - | |
| No longer available | |||
| May 11, 2022 | Relisted | $750,000 | |
| Relisted | |||
| Apr 19, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017