1880 Copper Gulch Rd
About This Property
On the property, you'll find a small shed that could potentially be converted into a cozy cabin with the right county permitting. Additionally, there is a well already in place, although it requires a new pump. Electricity is available on the lot, buyer will need to put in a septic system. Don't miss out on this opportunity to create your own country oasis with all the conveniences you need not too far away.
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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 |
|---|---|---|---|
| Jan 8, 2026 | Price Decreased |
$54,500
↓ $6K
(9.2%) | |
| Price Decreased | |||
| Jan 5, 2026 | Listed by Century 21 Community First | $60,000 | |
| Listed by Century 21 Community First | |||
| Oct 17, 2025 | Price Decreased |
$54,500
↓ $4K
(6%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed | $58,000 | |
| Listed | |||
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Experience the perfect blend of rural charm and modern convenience on this picturesque 1.66-acre lot in Cotopaxi. Revel in the serene atmosphere of the countryside while remaining just a short drive from the Quaint little town of Westcliffe. You are about an hour to larger vibrant towns such as Salida and Canon city and just under 2 hours from the nearest city and airport. If you're in search of a tranquil escape from urban life, this property is the perfect fit for you. On-site, you'll find a small shed that has the potential to be transformed into a charming tiny home or just use it as a storage shed and build your dream home. A well is already established, though it will require a new pump for operation and electricity is accessible on the property. The property has an old foundation of some sort that would either need to be rebuilt or torn down completely.
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| Sep 3, 2024 | Listed | $60,000 | |
| Listed | |||
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Experience the perfect blend of rural charm and modern convenience on this picturesque 1.66-acre lot in Cotopaxi. Enjoy the tranquility of the countryside while being just a short drive away from Westcliffe, Salida and Colorado Springs. If you're seeking a peaceful retreat away from the city, this is the ideal location for you.
On the property, you'll find a small shed that could potentially be converted into a cozy cabin with the right county permitting. Additionally, there is a well already in place, although it requires a new pump. Electricity is available on the lot, but the status of the septic system is unknown. Don't miss out on this opportunity to create your own country oasis with all the conveniences you need not too far away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017