120 2nd St
About This Property
One of this property's best features is its location. It's rare to find a private cabin tucked among towering pines that's also within walking distance of the heart of Guffey. Spend an evening enjoying food, handcrafted spirits, and live music at Colorado Mountain Distillers or Wild Spirit Mountain Lodge, grab breakfast at the local bakery, or stroll to the library or liquor store, all minutes from your front door. It captures the spirit of small-town America while offering the peace, privacy, and natural beauty that make Colorado living so appealing.
Set on a private .76-acre lot surrounded by mature pines, the wraparound deck is perfect for morning coffee, entertaining friends, or unwinding beneath Colorado's star-filled skies. Nearby public lands provide easy access to hiking, fishing, hunting, ATV and OHV trails, and outdoor adventure. Eleven Mile Reservoir is less than 25 minutes away, offering boating, camping, exceptional fishing, and nearby Gold Medal trout waters. Paradise Cove's swimming hole is about 15 minutes away, while Cripple Creek is just 40 minutes away, offering casinos, restaurants, shopping, museums, and entertainment.
Whether you're looking for a full-time residence, weekend getaway, or lock-and-leave retreat, this is a rare opportunity to own an updated cabin where character, convenience, and Colorado adventure come together.
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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