977 County Road 61
About This Property
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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 |
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| Jul 31, 2026 | Listed | $99,900 | |
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| Sep 6, 2025 | Listed by Keller Williams Preferred Realty | $149,900 | |
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Your private 6.45-acre mountain escape awaits! This beautifully treed lot offers the tranquility of a babbling creek and borders thousands of acres of BLM land, making it the ultimate launchpad for outdoor adventure. With no HOA, you have the freedom to build your dream home, create a family compound, or bring your animals without restriction. A 27' 5th wheel is included with the property, and with a gated driveway and electricity already on-site, you can start enjoying your mountain getaway from day one. Don't miss this rare chance to own a piece of Colorado with unmatched privacy and potential.
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| Aug 2, 2025 | No longer available | - | |
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| Jan 23, 2025 | Listed | $159,900 | |
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Discover 6.45 acres of breathtaking mountain scenery on this secluded treed lot. A babbling creek meanders through the property, adding to the tranquility. With thousands of acres of BLM land at your doorstep, adventure awaits. Enjoy the freedom of no HOA restrictions, allowing you to bring your animals and build your dream home exactly as you envision. Electricity is on-site, a driveway is in place, and the property is gated for added privacy. Explore the surrounding wonders: minutes from Cripple Creek, Divide, Mueller State Park, Fossil Beds, and the National Forest. Endless opportunities for hunting, hiking, horseback riding, ATVing, and biking. Ready to build your mountain oasis? Schedule a visit to experience this stunning property firsthand.
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| Jun 5, 2023 | Listed | $169,000 | |
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Welcome to your dream getaway nestled in the beautiful countryside near Cripple Creek, Colorado! This unique offering spans 6.45 acres of very diverse land. With many desirable features, picturesque surroundings, and a convenient location, this property is an exceptional opportunity for those seeking a tranquil retreat with great hunting potential.
The terrain of this parcel is a blend of level and sloping areas, allowing for diverse possibilities in land utilization. An easement through the neighboring property offers quick access to the gated driveway off County Road 61. It comes equipped with power on the lot, ensuring easy access to electricity. An on-site shed is in great condition and is wired with power, along with a 27' Prowler tow-behind camper which is included with the property.
One of its standout attributes is a charming creek that meanders through the lower portion of the property in the North West corner. Two small livestock stables still remain creekside, allowing opportunities for horses or other animals to reside on the property. Moreover, its adjacency to BLM (Bureau of Land Management) land provides additional space and potential recreational opportunities for hunters, equestrians, and nature enthusiasts. The property touches over 80 acres of land-locked BLM land, inaccessible to the public for additional freedom and room to explore.
Situated in a highly sought-after location, this property perfectly balances seclusion and accessibility. It is conveniently located just 6 miles from the historic gold-mining town of Cripple Creek, renowned for its rich history, vibrant atmosphere, classic-style casinos, and additional entertainment options. Whether you're looking to build, establish a serene hunting retreat, or invest in the beauty of nature, this property is an exceptional find.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017