2 Spruce Mountain Rd
About This Property
Electricity is already at the lot line, making it an ideal place to plan your future cabin, off-grid escape, or weekend retreat. The gently sloped terrain provides several potential building or camping spots while still feeling nestled in nature.
County-maintained roads provide seasonal access, and you're just 15 minutes from the Arkansas River-home to world-class fishing, rafting, and endless outdoor adventure. Salida and Canon City are both within easy reach for dining, supplies, and shopping. The Spruce Basin subdivision is surrounded by thousands of acres of BLM and State land making this an outdoor paradise.
Whether you're looking to invest in land or create your own mountain getaway, this parcel offers the perfect mix of privacy, access, and potential.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Listed | $65,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017