421 Rainbow Dr #31
About This Property
This unit lives larger than 1392 square feet as the Sellers have added extra storage and clothes hanging to all closets, the pantry and the garage. You can store all of your toys, decorations and lots of clothes in this unit.
You will have lots of time to play as the HOA maintains the exterior. And activities are right outside your door!
Walking distance to many of the Silverthorne amenities. Across the street from the Silverthorne Rec Center, Rainbow Park and Summit Stage Bus Stop. Located on the Blue River Bike path and entrance to the Silverthorne Town Center Bridge which leads to restaurants, Silverthorne Pavilion, Performing Arts Center and Blue Bird Market/4th Street Crossing Area.
Centrally located to 7 Ski areas and less than a mile from the I-70 exit.
Sellers use third bedroom as a TV room.
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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 |
|---|---|---|---|
| Jul 11, 2023 | Sold | ||
| Sold | |||
| Mar 29, 2023 | Listed by Equity Colorado Real Estate | $1,299,000 | |
| Listed by Equity Colorado Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/31/2025
|
2 Bed
|
1 Bath
|
1098 ft²
|
$1,150,000
2 Bed
1 Bath
1098 ft²
|
$1,200,000
+4.35%
09/19/2025
|
Erika Schmidt
Peak Mountain Real Estate
| |
|
06/17/2024
|
Loft
|
-
|
-
|
$499,000
Loft
-
|
-
-
|
Scott Sussman
eXp Realty, LLC
| |
|
04/14/2024
|
3 Bed
|
2 Bath
|
1263 ft²
|
$1,290,000
3 Bed
2 Bath
1263 ft²
|
$1,270,000
-1.55%
05/15/2024
|
Amy Smits
eXp Realty LLC - Resort Experts
| |
|
03/22/2024
|
2 Bed
|
1 Bath
|
979 ft²
|
$995,000
2 Bed
1 Bath
979 ft²
|
$934,000
-6.13%
08/13/2025
|
Isabel Rawson
Christie's International Real Estate Colorado- Summit Colorado
| |
|
02/23/2024
|
2 Bed
|
2 Bath
|
991 ft²
|
$1,200,000
2 Bed
2 Bath
991 ft²
|
$1,200,000
04/12/2024
|
Erika B Schmidt
Peak Mountain Real Estate LLC
| |
|
11/07/2023
|
Loft
|
-
|
-
|
$625,000
Loft
-
|
-
-
|
Scott Sussman
eXp Realty, LLC
| |
|
07/05/2023
|
2 Bed
|
2 Bath
|
997 ft²
|
$1,300,000
2 Bed
2 Bath
997 ft²
|
-
-
|
Erika Schmidt
Peak Mountain Real Estate
| |
|
03/29/2023
|
3 Bed
|
2 Bath
|
1392 ft²
|
$1,299,000
3 Bed
2 Bath
1392 ft²
|
$1,205,000
-7.24%
07/11/2023
|
Patricia Wenzel
Equity Colorado Real Estate
| |
|
03/23/2023
|
2 Bed
|
2 Bath
|
1098 ft²
|
$1,300,000
2 Bed
2 Bath
1098 ft²
|
-
-
|
Erika Schmidt
Peak Mountain Real Estate
| |
|
11/13/2022
|
3 Bed
|
2 Bath
|
1263 ft²
|
$1,199,000
3 Bed
2 Bath
1263 ft²
|
-
-
|
Stuart Reddell
LIV Sothebys International Realty- Breckenridge
| |
|
10/21/2021
|
4 Bed
|
3 Bath
|
1646 ft²
|
$1,395,000
4 Bed
3 Bath
1646 ft²
|
-
-
|
Laura M Fisher
Ski Colorado Real Estate
| |
|
10/12/2021
|
2 Bed
|
2 Bath
|
1038 ft²
|
$895,000
2 Bed
2 Bath
1038 ft²
|
$917,000
+2.46%
11/19/2021
|
Mark Baumann
Slifer Smith & Frampton - Summit County
| |
|
07/20/2021
|
3 Bed
|
2 Bath
|
1182 ft²
|
$1,048,000
3 Bed
2 Bath
1182 ft²
|
-
-
|
Brenda Culhane
Omni R.E./Frisco
| |
|
06/24/2021
|
2 Bed
|
2 Bath
|
1098 ft²
|
$897,000
2 Bed
2 Bath
1098 ft²
|
$950,000
+5.91%
09/17/2021
|
Ryan Walsh
Slifer Smith & Frampton - Summit County
| |
|
04/08/2021
|
2 Bed
|
1 Bath
|
1014 ft²
|
$764,500
2 Bed
1 Bath
1014 ft²
|
$780,000
+2.03%
05/17/2021
|
Tate Santee
The Real Estate Group
| |
|
06/29/2020
|
2 Bed
|
1 Bath
|
1038 ft²
|
$715,000
2 Bed
1 Bath
1038 ft²
|
$685,000
-4.20%
08/17/2020
|
Tate Santee
The Real Estate Group
| |
|
06/01/2020
|
2 Bed
|
1 Bath
|
1088 ft²
|
$685,000
2 Bed
1 Bath
1088 ft²
|
$660,000
-3.65%
09/08/2020
|
Tate Santee
The Real Estate Group
| |
|
05/21/2020
|
3 Bed
|
1 Bath
|
1320 ft²
|
$835,000
3 Bed
1 Bath
1320 ft²
|
$805,000
-3.59%
07/10/2020
|
Tate Santee
The Real Estate Group
| |
|
03/15/2020
|
3 Bed
|
3 Bath
|
1552 ft²
|
$857,500
3 Bed
3 Bath
1552 ft²
|
$840,000
-2.04%
06/18/2020
|
Tate Santee
The Real Estate Group
| |
|
02/28/2020
|
2 Bed
|
2 Bath
|
1094 ft²
|
$675,000
2 Bed
2 Bath
1094 ft²
|
-
-
|
-
| |
|
08/07/2019
|
2 Bed
|
2 Bath
|
1072 ft²
|
$695,000
2 Bed
2 Bath
1072 ft²
|
-
-
|
-
| |
|
03/28/2019
|
3 Bed
|
2 Bath
|
1176 ft²
|
$749,000
3 Bed
2 Bath
1176 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017