474 Deer Run 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 |
|---|---|---|---|
| Jul 23, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| May 23, 2026 | Relisted | $275,000 | |
| Relisted | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed | $275,000 | |
| Listed | |||
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**BACK ON THE MARKET ** NEW ROOF, FHA Appraisal Complete - Welcome to 474 Deer Run Drive, a 6.4-acre mountain retreat in the desirable Glen Vista community of Cotopaxi. Offering wide-open views, gently rolling terrain, and a peaceful rural setting, this property delivers the Colorado lifestyle so many buyers are searching for. The land is a blend of usable space and wooded character, with a backdrop of mountain scenery visible across the surrounding ridges and valleys. The home features 1,620 sq ft on a single level with 3 bedrooms, 2 baths, an open family room with a wood-burning stove, a spacious kitchen with an island, and a dedicated dining area. Large windows frame the landscape, and the layout offers plenty of flexibility for full-time living, a getaway property, or a rental opportunity. The home also includes a household well, septic, electricity, propane heat, and a carport, along with additional outbuildings such as a greenhouse. Though it needs a little cosmetic work, it is a solid property. Located in Glen Vista, this property comes with light covenants, helping maintain the area's natural beauty and privacy while still providing freedom for RV parking, horses, and mountain living. Beyond Glen Vista, the surrounding Arkansas River Valley of Southern Colorado opens the door to year-round recreation. This region is known for gold medal fishing, world-class whitewater rafting, and endless miles of hiking, ATV riding, and exploring. Nearby access to BLM land, the Texas Creek ATV Park, and the iconic Royal Gorge make it easy to fill each day with adventure. Charming nearby towns like Salida, Westcliffe, and Canon City offer cafes, art, history, and warm community character-along with hot springs, climbing, and some of the best stargazing in the state. Whether you're looking for tranquility, acreage, or the perfect basecamp for outdoor recreation, this Glen Vista property is a standout opportunity in one of Colorado's most inspiring mountain regions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017