3088 Redhill Rd
About This Property
large lot in Redhill Forest. The lot has a scattering of pine and aspen at the front, rock outcroppings, and vast open space down the
gentle hill and for as far as you can see. POWER is already on the property and hooked up. Redhill Forest has a community water
system, so there is no need to drill a well. You are all set up to build your mountain retreat. Redhill Forest is a very sought after
neighborhood. The roads are privately maintained year round. Residents have exclusive access to private hunting and fishing. The
neighborhood is clean and well maintained. Hwy 9 is right at the entrance to the subdivision so you can quickly run to Fairplay for groceries, gas, or a nice meal. Head to Denver or Colorado Springs, take in a day of skiing in Breck, go rafting or mountain climbing in Buena Vista, it's all accessible. Gold Medal fishing is right down at the road at 3 reservoirs and The Dream Stream, and Park County is surrounded by national forest. This is the ideal spot for your Rocky Mountain retreat. Trees, Yes; Power, Yes; Phone, Yes. REDHILL FOREST FILING 5 LOT 452
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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 |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| May 6, 2025 | Listed | $89,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017