21
Map
272 Wise Rd
About This Property
The value in this offering is the assembly itself. Four platted lots across three separately acquired properties have been combined into a single 0.76-acre holding, with the title work already resolved. A buyer starting from scratch would need to negotiate multiple purchases from multiple owners and absorb the legal costs of clearing title - work that has already been completed here. County reports for each parcel are available as attachments to this listing.
What further distinguishes the property is the quality of the views. Situated to take advantage of the surrounding mountain terrain, the site offers elevated views over Harris Park that many nearby lots can't match from their position among the trees. A natural mix of mature pine and aspen adds character and privacy, and an existing drive is already in place.
The property is residentially zoned; buyers should consult with Park County Planning regarding building possibilities and requirements. No HOA means no monthly dues and no deed or covenant restrictions. The property is part of the Harris Park Metropolitan District, which offers access to community fishing ponds and recreational amenities for an optional $60 annual membership fee. More information at harrisparkmetrodistrict.com.
The boundary lines shown in any photographs, aerial images, or maps associated with this listing are approximate and are intended for general reference purposes only. The information provided is believed to be reliable but is not guaranteed. Great Plains Land Company assumes no liability for errors or omissions. Buyers are encouraged to conduct their own due diligence.
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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 |
|---|---|---|---|
| Oct 10, 2026 | Price Decreased |
$39,500
↓ $10K
(20.2%) | |
| Price Decreased | |||
| Jul 6, 2026 | Price Decreased |
$49,500
↓ $6K
(10%) | |
| Price Decreased | |||
| May 13, 2026 | Listed | $55,000 | |
| Listed | |||
| Aug 5, 2025 | Relisted | $79,500 | |
| Relisted | |||
| Aug 2, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017