770 Stratton Dr
About This Property
Driving Directions:
To visit the property at 770 Stratton Dr, Cortez, CO 81321, enter the GPS coordinates 37.34343, -108.599 into Google Maps. From downtown Cortez, head north on US-491, then turn right onto Stratton Dr. Follow the road to reach the lot, conveniently located along Stratton Drive for easy navigation.
Listed By
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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 |
|---|---|---|---|
| Dec 8, 2025 | Listed by JPAR Modern Real Estate | $47,500 | |
| Listed by JPAR Modern Real Estate | |||
| Aug 8, 2024 | Price Decreased |
$30,990
↓ $1K
(3.1%) | |
| Price Decreased | |||
| Jul 19, 2024 | Price Decreased |
$31,990
↓ $1K
(3%) | |
| Price Decreased | |||
| Jul 11, 2024 | Price Decreased |
$32,990
↓ $2K
(5.7%) | |
| Price Decreased | |||
| Jun 26, 2024 | Listed | $34,990 | |
| Listed | |||
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Located in Cortez Colorado. Nice lot at the end of Stratton Lane. Buyers would be responsible to find out about utilities. .
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017