988 15th Trl
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%.
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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 4, 2026 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed | $375,000 | |
| Listed | |||
| Aug 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 1, 2025 | Listed | $445,000 | |
| Listed | |||
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Beautifully maintained D-LOG CABIN is move-in ready for your mountain getaway! New windows recently installed for a energy efficiency. Open floor plan with kitchen/dining area and large living area with beautiful quartz rock fireplace. Keep comfortable and warm all winter long with the wood burning stove and propane heater. The main level has a bedroom nook with king-size bed. Upstairs loft offers additional sleeping or living space. Outside relax on the covered flagstone patio and enjoy the beautiful views and private location without a neighbor in site! Included is a large 20 x 30 HEATED WORKSHOP complete with in-floor radiant heat, work benches, 220 volt electricity, and attached GREENHOUSE. An expansive lean-to has been installed on 2 sides for even more workshop space. The shop and its spacious loft could be converted to guest quarters or a studio. This end of the road property is peaceful and quiet with beautiful views, trees and pastures surrounding the property. Good year round access and located approx. 30 minutes from Westcliffe or Canon City. NO HOA. This charming log cabin in the mountains awaits you and your adventures!
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| Aug 1, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017