281 Polar Bear Lane
About This Property
Mostly flat lot with lovely aspen groves and a hill in the back with mountain views. Lot has a recently tested well on it with electricity and gas at the Southern border. There is a road built into the lot for easy access.
Additional Notes:
Qualifying buyers will receive the water well information and tester contact information. Owner financing with a significant down payment may be considered.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 16, 2025 | No longer available | - | |
| No longer available | |||
| Apr 5, 2025 | Price Decreased |
$449,000
↓ $50K
(10%) | |
| Price Decreased | |||
| Mar 10, 2025 | Listed by Trelora Realty, Inc. | $499,000 | |
| Listed by Trelora Realty, Inc. | |||
| May 31, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Grand
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 5209427
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017