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Park
278 Happy Top Trl
$135,000
● House - Off Market

278 Happy Top Trl

Bailey, CO 80421
bedrooms
1 Bed
bathrooms
0 Bath
square feet
352 Ft²
$136,260
RealtyHop Estimate
0.93%
Since Nov 1, 2022
CO-Denver
Primary Model

About This Property

Beautiful setting *rare find*Forest Service Cabin, lease  NO Real Estate but access to hundreds of acres !  Rustic cabin.  Step back in time to this get-away cabin in Pike National Forest with electricity, wood fireplace, seclusion and close to convenience when you want it .. Locked gate entry  easy access

some Furnishings

APPOINTMENT ONLY *
Unit Size
352 Ft²
Days on Market
56 days
Land Size
-
Price per sqft
$384
Property Type
House
Property Taxes
$23
HOA Dues
$133
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 11 months ago (REcolorado MLS #1966861)

Price History

Date / Event Date Event Price
Oct 10, 2022 Sold
Premium
Sold
Aug 12, 2022 Listed by Deer Creek Realty $135,000
Listed by Deer Creek Realty
Jul 28, 2020 Listed by Deer Creek Realty $112,000
Listed by Deer Creek Realty
RARE FIND*cute cabin in the National Forest. Must speak to the Forest Service before purchase, understand it's a lease with the SOLD BEFORE PUBLICATION *National Forest Service, no title insurance, MUST BE CASH TRANSACTION
Jul 20, 2020 Sold
Premium
Sold
Sep 14, 2011 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1962
  • Total Rooms: 2
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 17
  • Interior Walls Type: 18
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 352
  • Building Area: 352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAPPY TOP
  • Standard Land Use Code: 1001
  • Legal Description 1: T07 R72 S30 SE4 HAPPY TOP LOT A-03 IMPS ONLY

Neighborhood

  • School District Name: Platte Canyon School District 1
  • Census Tract: 000102

Geography

  • Account Number: 18603
  • Parcel: R0018603
  • Lot: 3
  • Latitude: 39.4016
  • Longitude: -105.486

    Address

  • Full Address: 278 Happy Top Rd
  • Address - House Number: 278
  • Address - Street Name: Happy Top
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Bailey
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,820
  • Tax Rate Code Area: 0005

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 130,420
  • High Value: 141,087
  • Low Value: 119,752

    Market Valuation

  • Market Total Value: $61,248
  • Market Improvement Value: $61,248

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,379
  • Assessed Improvements Value: $4,379

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 797046
  • Previous Sale Recording Date: Jul 20, 2020
  • Previous Sale Contract Date: Jul 17, 2002
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Park

Stats & Trends

Median Asking:

$594,500

Sale Price/ft²

$328

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1880 ft²

Average Home Age

31.9 years

Currently For Sale

586 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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REcolorado

Listed by: Barbara Behl, Deer Creek Realty
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 1966861
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 278 Happy Top Road built and last sold?
The property at 278 Happy Top Road was built in 1960 and last sold on Oct 6, 2022 for $135,000.
How much is this home worth?
The estimated value of the home located at 278 Happy Top Road is $0.
What are some comparable homes to 278 Happy Top Road?
There are currently no comparable homes to 278 Happy Top Road.
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