870 Oak Dr
About This Property
The property features a nice open clearing in the center, ideal for setting up camp or building, while the surrounding pine trees provide privacy and a true Colorado mountain feel. The land is partially fenced with a gated entrance, adding both security and a sense of arrival as you enter your own piece of the Rockies.
Whether you're looking for a recreational escape, off-grid basecamp, or future homesite, this property is ready to enjoy from day one.
Located just a short drive from the charming town of Westcliffe, you'll have access to local shops, dining, and community events, while still being surrounded by endless outdoor opportunities including hiking, fishing, and exploring nearby public lands. With stunning views of the Sangre de Cristo Mountains and abundant wildlife in the area, this is the kind of property people come to Colorado to find.
If you've been looking for land that's already usable with added value and potential, this one is worth a look.
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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 |
|---|---|---|---|
| Jul 14, 2026 | Price Decreased |
$75,000
↓ $15K
(16.7%) | |
| Price Decreased | |||
| Jun 2, 2026 | Relisted | $90,000 | |
| Relisted | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed | $90,000 | |
| Listed | |||
| Jan 17, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017