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Park
647 Gold Flake Ter
$65,000
● Land - Off Market

647 Gold Flake Ter

Bailey, CO 80421
bedrooms
Studio
bathrooms
0 Bath
$85,582
RealtyHop Estimate
14.11%
Since May 1, 2021
CO-Denver
Primary Model

About This Property

VIEWS* one of the last vacant lots in desirable Elk Creek Highlands* sloping Mountain Acre with beautiful mix of Pine and aspen, wildlife and majestic snow capped views of Mt. Evans and other peaks   * county maintained roads close to end of the road cul de sac*Check out the  VOLUNTARY Home Owners Association as members have access to fishing offering fish food dispensary, dock, and picnic tables and horse area*

For Land use regulations  research parkco.us.
Unit Size
-
Days on Market
-
Land Size
1.19 acres
Price per sqft
-
Property Type
Land
Property Taxes
$44
HOA Dues
$75
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 6 months ago (REcolorado MLS #IRE2588059)

Price History

Date / Event Date Event Price
Apr 15, 2021 Sold
Premium
Sold
Mar 30, 2021 Listed $75,000
Listed

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ELK CRK HGHLNDS FLG4
  • Land Acres: 0000001200
  • Standard Land Use Code: 8001
  • County Land Use Code: 0100
  • Legal Description 1: T06 R73 S23 SE4 ELK CREEK HIGHLANDS FILING 4 BLOCK 13 LOT 01

Neighborhood

  • School District Name: Platte Canyon School District 1
  • Census Tract: 000102

Geography

  • Account Number: 18620
  • Parcel: R0018620
  • Block: 13
  • Lot: 1
  • Latitude: 39.5069
  • Longitude: -105.518

    Address

  • Full Address: 647 Gold Flake Ter
  • Address - House Number: 647
  • Address - Street Name: Gold Flake
  • Address - Suffix Type: Ter
  • State: CO
  • City Name: Bailey
  • Carrier Code: R005
  • 4-Digit Zip Code: 1220
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $152,632
  • Tax Rate Code Area: 0005

    Market Valuation

  • Market Total Value: $41,132
  • Market Land Value: $41,132

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,928
  • Assessed Land Value: $11,928

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 778219
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Park

Stats & Trends

Median Asking:

$594,500

Sale Price/ft²

$328

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1880 ft²

Average Home Age

31.9 years

Currently For Sale

586 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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REcolorado

Listed by: Barbara Behl,
Last Updated: 6 months ago
Data Source: REcolorado MLS, MLS# IRE2588059
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 647 Gold Flake Terrace built and last sold?
The property at 647 Gold Flake Terrace was built in and last sold on Apr 14, 2021 for $65,000.
How much is this home worth?
The estimated value of the home located at 647 Gold Flake Terrace is $0.
What are some comparable homes to 647 Gold Flake Terrace?
There are currently no comparable homes to 647 Gold Flake Terrace.
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