800 Timber Ridge Rd
About This Property
opportunity to build your dream mountain home, vacation retreat, or investment property on a parcel that is
already well on its way to being build-ready. Electric service has been completed, an existing survey is available,
and excavation has already been started, saving valuable time and expense for the future owner. The lot features
a desirable, gently sloping to level terrain, making it easier to envision and create your ideal mountain getaway.
Towering pine trees and beautiful aspens provide privacy, natural beauty, and spectacular seasonal color,
including the breathtaking golden Aspen glow each fall. The combination of mature trees, mountain views, and
usable land creates a setting that is becoming increasingly difficult to find. Enjoy picturesque views of iconic Pikes
Peak while taking in the peace and tranquility of mountain living. Whether you are looking for a year-round
residence or a place to escape the hustle and bustle of city life, this property offers the perfect balance of
seclusion and convenience. Ideally located near the community of Divide for everyday amenities, shopping, and
dining, and just a short drive to the historic town of Cripple Creek. Cripple Creek offers year-round festivals, live
entertainment, excellent restaurants, gaming, and rich Colorado history. Outdoor enthusiasts will appreciate the
nearby hiking, fishing, wildlife viewing, and endless opportunities to explore the beauty of the surrounding
mountains. With improvements already in place, beautiful trees, breathtaking Pikes Peak views, and a highly
desirable location, this is a truly special property and an outstanding opportunity to own a piece of Colorado
mountain paradise
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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 | $55,000 | |
| Listed | |||
| Nov 9, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017