535 Willow Rd
About This Property
end of a quiet dead-end road, this property offers a peaceful setting with minimal traffic and an abundance of
natural surroundings. The lot features a beautiful mix of usable meadow, a level building area ideal for your future
home or mountain retreat, and a gently rising hillside that creates additional privacy and character. Mature
towering pine trees and scattered aspens enhance the landscape, providing year-round beauty and spectacular
fall color. Enjoy mountain views and the serenity that comes with owning your own piece of Colorado paradise.
Whether you're dreaming of a full-time residence, vacation getaway, or investment property, this lot offers
multiple possibilities. Conveniently located just off a paved main road, you'll enjoy easy year-round access
without sacrificing the feeling of being away from it all. The property is situated near the amenities of Divide and
the historic mining town of Cripple Creek, known for its vibrant festivals, live entertainment, gaming, unique
shops, and excellent dining options. Opportunities like this are becoming increasingly difficult to find-don't miss
your chance to build the mountain lifestyle you've always envisioned.
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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 |
|---|---|---|---|
| Oct 8, 2026 | Listed | $21,800 | |
| Listed | |||
| Nov 24, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017