8190 Nelson Lakes Dr
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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 |
|---|---|---|---|
| Mar 18, 2026 | Listed | $2,250,000 | |
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| May 24, 2024 | Listed | $2,250,000 | |
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Over 2.5-acre estate lot in the Nelson Lakes community ready for building now! Backs to the largest of the 8 recreational lakes in the development with direct Rocky Mountain views and farmland to the west. Colorado lifestyle community with exclusive homeowner access to the 85 acres of water surface space for non-motorized use - skiff and lakeside stocked fishing, paddleboarding, kayaking, swimming and more - a 3-mile trail loop that follows along the Boulder Creek to at the eastern end of the property and 344 acres of conservation easement shared open space land. Forever limited development, preserving the beauty, natural resources and wildlife habitats in the development. Lot sits over one mile from the gated entrance off the private access road. Convenient location for amenities, while living in a secluded community - 5 minutes to Erie, 40 minutes to Denver International Airport, 25 minutes to Boulder or Downtown Denver, 30 minutes to Loveland/Fort Collins. Backing lake hosts a fishing dock and nearby playground setup. Come and experience Nelson Lakes with a private tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017