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643 Spruce Dr
About This Property
Inside, tall T&G ceilings highlight the classic A-frame architecture, while the open kitchen and living area creates an inviting gathering space centered around a wood-burning stove. Large atrium-style windows bring in abundant natural light and showcase the surrounding pines, while direct access to the back deck makes it easy to enjoy the peaceful outdoor setting. The partially fenced backyard is ideal for pets, and the property features a tire swing and rope swing beneath the trees.
The main level includes a bedroom and full bathroom with a stackable washer and dryer. Upstairs, the loft-style second bedroom adds to the home's A-frame charm and features two cozy bump-out nooks that can be used as sleeping spaces for kids, reading areas, or additional storage. A spacious crawl space provides secure, easily accessible storage with ample room to move around-perfect for keeping seasonal gear, outdoor equipment, and other mountain essentials tucked away. A durable metal roof completes the classic mountain cabin design.
Located just minutes from Twin Lakes and lake access for boating and fishing, with nearby National Forest offering miles of hiking and outdoor recreation. Ski Cooper and historic Leadville are an easy drive away, while Buena Vista is approximately 25 minutes south. During the summer months, scenic Independence Pass provides access to Aspen, and the Arkansas River is nearby for whitewater rafting and world-class fishing.
Whether you're looking for a mountain getaway, recreational basecamp, or potential investment and rental property, this adorable A-frame offers an opportunity to enjoy the relaxed mountain lifestyle and year-round recreation that make Twin Lakes so special.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$389,000
↓ $11K
(2.6%) | |
| Price Decreased | |||
| Sep 4, 2026 | Listed | $399,500 | |
| Listed | |||
| Jul 31, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017