2689 Redhill Rd
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%.
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 18, 2026 | Listed | $60,000 | |
| Listed | |||
| Aug 16, 2025 | Price Decreased |
$62,000
↓ $5K
(7.5%) | |
| Price Decreased | |||
| Jun 16, 2025 | Listed by Omni Real Estate Company Inc | $67,000 | |
| Listed by Omni Real Estate Company Inc | |||
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Welcome to your mountain escape in the sought-after Redhill Forest community! This stunning 2.5-acre lot offers gently sloping terrain, long-range mountain views, and an abundance of mature trees-ideal for those seeking privacy, seclusion, and a picturesque setting to build their dream home. Enjoy exclusive *fishing rights* along 5 miles of the Middle Fork of the South Platte River, plus HOA-maintained roads and access to a centralized water system (not yet tapped). Perfectly situated just 15 minutes south of Fairplay and 45 minutes from world-class skiing and golf in Breckenridge. Head south for whitewater adventures in Buena Vista or Salida, or take a quick 1.5-hour drive to Colorado Springs or Denver. Come experience the peaceful, adventure-filled lifestyle that Redhill Forest has to offer!
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| Mar 22, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017