316 Umatilla Dr
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Listed by RE/MAX Alliance | $620,000 | |
| Listed by RE/MAX Alliance | |||
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Peaceful 5-Acre Mountain Retreat in Gilpin County. Nestled in a private five-acre valley off of South Beaver Road in Gilpin County, this stunning potential horse property offers direct access to National Forest land, making it a dream for equestrians, hikers, and nature lovers alike. A year-round stream meanders through the center of the lush valley, creating a serene and picturesque setting. The land features a mix of open meadows and mature Aspen groves, perfect for grazing or simply enjoying the scenery. Approximately half of the acreage lies in the valley bottom, ideal for fencing and keeping horses or livestock. Wildlife is abundant here-moose, elk, deer, coyotes, and the occasional bear are frequent visitors. The beautifully crafted farmhouse-style home, built by Kurt Pitzer, offers timeless charm with all the modern conveniences. The main level includes the primary suite, spacious living and dining areas, and a well-appointed kitchen. Upstairs, you'll find two additional bedrooms and a full bath. The lower level includes a private guest suite with its own exterior entrance-perfect for hosting friends and family. Enjoy mountain living from the expansive wraparound deck, ideal for soaking in the peaceful surroundings. Whether sipping coffee at sunrise or stargazing at night, this deck is your front-row seat to Colorado's natural beauty. Location Highlights:15 minutes to Nederland's shops and restaurants, 25 minutes to Eldora Ski Resort, 30 minutes to Black Hawk, Central City, and the Denver metro area. 40 minutes to Boulder. Just steps from scenic hiking and horseback riding trails. This home offers the warmth and charm of a mountain cabin with the comfort and amenities of a modern home. Escape the chaos of the city and embrace the tranquility, beauty, and adventure that the Rocky Mountains offer.
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| Jan 15, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017