86 Mt Elbert Dr
About This Property
Located between the Historic towns of Buena Vista and Leadville for several options for shopping, dining and entertainment . In the summer you can take a quit trip to Aspen over Independence pass and be awestruck at the beauty of the high Rockies.
The property consist of two lots and can be accessed by either end from Mt.Elbert Rd. on the South or Mt.Massive on the North end. Even though the address is on Mt. Elbert, Mt Massive appears to be the best option.
Make an appointment or go out and explore the area to see for yourself this awesome location.
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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 31, 2021 | Sold | ||
| Sold | |||
| Feb 27, 2021 | Listed by Full Circle Real Estate Group | $49,900 | |
| Listed by Full Circle Real Estate Group | |||
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If you are looking to have the private retreat in the mountains in you're future this property is a great option. Close to an acre of gently sloped ,treed land with big trees and views just over the hill from the biggest glacier lakes in Colorado. Twin Lakes are minutes away even if pulling a boat for a fun filled day of fishing or just cruising around and enjoying some of the best views in Colorado.
Located between the Historic towns of Buena Vista and Leadville for several options for shopping, dining and entertainment . In the summer you can take a quit trip to Aspen over Independence pass and be awestruck at the beauty of the high Rockies.
The property consist of two lots and can be accessed by either end from Mt.Elbert Rd. on the South or Mt.Massive on the North end. Even though the address is on Mt. Elbert, Mt Massive appears to be the best option.
Make an appointment or go out and explore the area to see for yourself this awesome location.
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| Sep 4, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017