26000 Edelweiss Cir
About This Property
Surrounded by pines and backing to public land, the property offers multiple possible build sites while still allowing you to enjoy the existing cabin immediately. The 704-square-foot cabin is full of rustic character with warm wood interiors, a functional full kitchen, 1 bedroom with a wall of windows, a convenient main-level half bath, and a wood-burning stove that creates the perfect mountain retreat atmosphere. The finished lower level features a bonus room and updated full bathroom ideal for guests, recreation space, or additional sleeping accommodations. Essential infrastructure is already in place, including electricity, connected propane, a pressurized cistern water system, permitted septic holding tank, and hot water heater. Two storage sheds provide additional room for gear, tools, and outdoor equipment. The true value of this property lies in the land, location, and future possibilities. With multiple lots and expansive mountain surroundings, buyers can enjoy the existing retreat while exploring opportunities for future building plans or creating a more customized mountain getaway over time. Located just a short drive from Downtown Evergreen, Evergreen Lake, local shopping and dining, and with convenient access to I-70 and highway 285 for Denver commuting or mountain adventures, this property delivers the ideal blend of rustic mountain living, recreation access, and investment potential.
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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 |
|---|---|---|---|
| Jul 6, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Listed | $350,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017