565 Bald Mountain Dr
About This Property
Located just minutes from downtown Central City, this property combines mountain privacy with easy access to entertainment and recreation. Central City is known for its historic charm, boutique casinos, live music venues, local restaurants, and lively nightlife surrounded by beautifully preserved Victorian architecture. Nearby Black Hawk offers additional casinos, dining, and year-round events.
Outdoor enthusiasts will love the endless nearby recreation opportunities including hiking, mountain biking, ATV trails, snowshoeing, and off-road adventures. Explore Golden Gate Canyon State Park, Maryland Mountain trails, scenic alpine lakes, and Virginia Canyon's renowned mountain biking terrain. Loveland Ski Area is approximately 35 minutes away for convenient skiing and snowboarding without Summit County traffic.
Quick access to Central City Parkway and I-70 allows for an easy drive to Denver in under an hour, while Denver International Airport is approximately 75 minutes away. Whether you are searching for a modern mountain home, Colorado getaway, luxury retreat, or full-time residence surrounded by nature, this property offers the perfect balance of seclusion, recreation, and convenience.
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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, 2026 | Price Decreased |
$899,000
↓ $40K
(4.3%) | |
| Price Decreased | |||
| Jul 1, 2026 | Price Decreased |
$939,000
↓ $30K
(3.1%) | |
| Price Decreased | |||
| May 27, 2026 | Listed | $969,000 | |
| Listed | |||
| Sep 15, 2025 | Price Decreased |
$998,000
↓ $102K
(9.3%) | |
| Price Decreased | |||
| Aug 22, 2025 | Price Decreased |
$1,100,000
↓ $25K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017