426 Parry Peak Dr
About This Property
Incredible setting with panoramic views of Twin Lakes, Mount Elbert, and the majestic Sawatch Range-this is a rare offering in a location where lots seldom become available. Nestled among mature trees, this parcel offers year-round access and a true sense of mountain serenity.
Conveniently located just a short drive to the historic village of Twin Lakes, as well as Leadville and Buena Vista. Please note: Google Maps correctly shows the location, but the road name is listed incorrectly.
Water is provided by Mount Elbert Water Association (mountelbertwater.org), and other services are maintained by the Pan Ark Metropolitan District (Pan Ark Metro District Info).
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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 |
|---|---|---|---|
| Jun 20, 2025 | Listed by Slifer Smith & Frampton - Summit County | $174,000 | |
| Listed by Slifer Smith & Frampton - Summit County | |||
| Jul 18, 2024 | Price Decreased |
$185,000
↓ $9K
(4.6%) | |
| Price Decreased | |||
| Jun 6, 2024 | Listed | $194,000 | |
| Listed | |||
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Rare location with incredible views of Twin Lakes, Mount Elbert and the Sawatch range. Flat building site with large trees. These lots are seldom available. Please note Google Maps has the right location, however, wrong road name. Year around access. Short drive to the village of Twin Lakes, Leadville and Buena Vista. Visit Mount Elbert Water Assoc https://www.mountelbertwater.org/hoa-special-district, and Pan Ark Metro District at https://ccgcolorado.com/panarkestates/.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017