285 Lower Forest Rd
About This Property
Unlike many lots in the area, this property offers gently flat terrain, minimizing site work and maximizing build potential. The setting is peaceful and private, yet you're just minutes from all the adventure Colorado has to offer-hike to St. Mary's Glacier, fish in the two private lakes, or explore endless nearby trails for ATV, snowshoeing, and more.
Located only about an hour from Denver and 15 minutes from downtown Idaho Springs, you'll enjoy the best of both worlds-quiet mountain living with quick access to town amenities, dining, and I-70.
Whether you're building now or investing for the future, this lot is a perfect place to bring your mountain vision to life.
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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 |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | Price Decreased |
$32,900
↓ $1K
(3%) | |
| Price Decreased | |||
| Dec 4, 2025 | Price Decreased |
$33,900
↓ $1K
(2.9%) | |
| Price Decreased | |||
| Nov 5, 2025 | Price Decreased |
$34,900
↓ $1K
(2.8%) | |
| Price Decreased | |||
| Oct 2, 2025 | Price Decreased |
$35,900
↓ $600
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017