103 Prunes Pl
About This Property
The heart of the home is the open living area, where vaulted ceilings, custom wood flooring, and abundant natural light create a warm, inviting space. A floor to ceiling stone, wood burning fireplace anchors the room and brings together the rustic character of the home. The adjoining kitchen features granite countertops, an induction cooktop, double ovens, updated appliances, and an open layout that works well whether you are preparing a quiet dinner or hosting.
All three bedrooms are conveniently located on the main level. The primary suite includes a walk-in closet and custom slate bath, while the guest bathroom features a classic clawfoot tub. Upstairs, a small loft provides additional flexible space.
The home has seen a number of meaningful improvements, including a metal roof, low maintenance composite decking, updated doors and windows, an upgraded furnace, and a tankless water heater. The home is connected to natural gas, the driveway has been widened and extended to improve access, fire mitigation has been completed, and Starlink internet is already in place.
Outside, the large deck provides plenty of room to relax, entertain, and take in the peaceful wooded setting and frequent wildlife. Located approximately 26 miles from Breckenridge, this Fairplay mountain property offers convenient access to world class skiing, hiking, Gold Medal fishing, and the shops and restaurants of historic downtown Fairplay.
The property can serve as a full time residence, Colorado mountain getaway, or short term rental. Short term rental use requires a Park County permit, and the septic system is approved for three bedrooms.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017