211 SILVER THREAD Cir
About This Property
It's hard to get more "Colorado iconic" than this property at Bear Creek in South Fork Ranches. But it doesn't end with views, as impressive as they are.
This property also boasts paved road frontage, permitted water well, underground utilities such as electric, cable internet, and phone at the lot line, and several building spots to take advantage of the mountain and river views.
Located just up the ledge from the Rio Grande, the Bear Creek subdivision is one of the most sought-after gated communities in the region. With paved roads throughout, Rio Grande National Forest Access, equestrian trails, and a 20-acre private fishing area along the Rio Grande, Bear Creek brings all the best of Colorado's outdoors to your doorstep.
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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 |
|---|---|---|---|
| May 6, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by ListWithFreedom.com Inc | $69,997 | |
| Listed by ListWithFreedom.com Inc | |||
| Dec 13, 2019 | No longer available | - | |
| No longer available | |||
| Nov 13, 2019 | Price Decreased |
$57,900
↓ $22K
(27.4%) | |
| Price Decreased | |||
| Jun 24, 2019 | Price Increased |
$79,700
↑ $700
(0.9%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017