19730 HAWK #1-24
About This Property
Nestled in the heart of Leadville's historic mining district, it has 4x4 road access just minutes from downtown Leadville. The property includes five parcels, with its non-contiguous boundaries covering portions on both sides of Birdseye Gulch. Birdseye Gulch is accessible by the Birdseye Gulch Jeep Rd. Birdseye Gulch Jeep Rd is a 4.6-mile-long route connecting to the Mosquito Pass Road between Mosquito Peak and Prospect Mountain. The road is accessible by 4x4 high-clearance vehicles and is seasonally maintained by the Mile-HI Jeep Club and Colorado Offroad Enterprise. With the current zoning restrictions, this property is not currently eligible for development or as part of the Colorado LPP preference program. It is the buyer's/buyer's agent's responsibility to explore the limitations and rezoning options of the industrial mining district.
Preapproval/Proof of funds is required before showing. Please call/text for additional information.
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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%.
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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 |
|---|---|---|---|
| Dec 12, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by Whitetail Properties Real Estate Llc | $950,000 | |
| Listed by Whitetail Properties Real Estate Llc | |||
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Backcountry Colorado Vacant Land with Abundant Hunting and Recreational Opportunities. This stunning collection of former mining claims covers both sides of Birdseye Gulch, made up of a total of 737.335 acres M/L. The property is surrounded by over 5,200 acres of public BLM land and shares a border on one side with over 120,000 acres of San Isabel National Forest. Birdseye Gulch is a perfect example of the lush beauty of the Colorado high country. With multiple natural springs, pristine wildlife habitat, and breathtaking surroundings, this property presents an exceptional opportunity for outdoor enthusiasts, hunters, nature lovers, and those seeking a serene retreat. Gaze upon captivating scenes of former mining camps, towering pinon pines, enchanting aspen groves, and open meadows. The property holds abundant wild game, including many elk, mule deer, and bears. A natural creek meanders through the bottom of Birdseye Gulch, home to eager wild trout. The surrounding BLM land also offers ample opportunities to camp close by.
Nestled in the heart of Leadville’s historic mining district, it has 4x4 road access just minutes from downtown Leadville. The property includes five parcels, with its non-contiguous boundaries covering portions on both sides of Birdseye Gulch. Birdseye Gulch is accessible by the Birdseye Gulch Jeep Rd. Birdseye Gulch Jeep Rd is a 4.6-mile-long route connecting to the Mosquito Pass Road between Mosquito Peak and Prospect Mountain. The road is accessible by 4x4 high-clearance vehicles and is seasonally maintained by the Mile-HI Jeep Club and Colorado Offroad Enterprise. With the current zoning restrictions, this property is not currently eligible for development or as part of the Colorado LPP preference program. It is the buyer’s/buyer’s agent’s responsibility to explore the limitations and rezoning options of the industrial mining district.
Preapproval/Proof of funds is required before showing. Please call/text for additional information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017