22 Spruce Way
About This Property
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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 |
|---|---|---|---|
| Aug 29, 2025 | Price Decreased |
$1,150,000
↓ $25K
(2.1%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed | $1,175,000 | |
| Listed | |||
| | |||
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Welcome to this stunning custom mountain-contemporary home in the highly sought-after Missouri Lakes community of Black Hawk. Perfectly positioned on a 1.05-acre corner lot, this property offers privacy, mature landscaping, and exclusive access to the community's private fishing lakes. Designed with both style and functionality in mind, the home features hardwood flooring in the main living areas, tile in baths, and carpet in downstairs bedrooms for comfort. Tongue & groove wood ceilings, abundant windows, and a cast iron fireplace create a warm and inviting great room that flows into the gourmet kitchen with slab granite countertops, high-end Decor appliances, two oversized pantries, and generous cabinet space.
Upstairs offers a luxurious primary suite with walk-in closet and spa-like bath, an executive office in the basement, and main level access to the wraparound composite deck-perfect for relaxing or entertaining. Also, Upstairs you'll find spacious secondary bedrooms and baths, while the daylight walk-out basement provides a large recreation room, office or guest space, and additional storage.
Enjoy outdoor living with mature pines, a hot tub, and a paved driveway with RV/boat parking pad. Additional highlights include a new roof (2022), oversized 2-car garage, and thoughtful custom design details throughout. Missouri Lakes is a private community with stocked private lakes, walking trails, and year-round recreation. Conveniently located just minutes from Black Hawk, Nederland, and an easy drive to Denver or Boulder, this home offers the rare combination of acreage, privacy, and lake privileges in one of Gilpin County's premier neighborhoods.
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| Feb 21, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by RE/MAX Alliance-Nederland | $999,000 | |
| Listed by RE/MAX Alliance-Nederland | |||
| Oct 19, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017