1280 Redhill Rd
About This Property
The stunning Architecture and Superior Craftsmanship includes High-end triple pane windows and doors from ProVia, the Elegant James Hardie Mountain Sage Green siding with factory-baked finish is Enhanced by the extra insulation and foam board behind Hardie siding. Eco-friendly bamboo flooring throughout, Sophisticated quartz countertops, Solid wood maple cabinets and drawers, exemplifying timeless elegance. Modern Amenities and Utilities include an efficient septic system with an RV hook-up, ideal for quests with campers, reliable propane heat via Rinnai wall unit and two other heat sources, gourmet 36" wide commercial oven stove, made in the USA quality woodstove. These stoves are built to last and access to a private community water source renowned as the best water in Fairplay, maintained by a dedicated private pump house.
A comprehensive fire hydrant system along 20 miles of private roads, significantly lowering home insurance costs which are conveniently located within 100 yards of the driveway. The well-maintained private roads provided by the HOA, ensuring they are plowed when snow exceeds 6 inches and regularly maintained with new rock. Just 40 minutes to Breckenridge, offering world-class skiing and winter sports and only 40 minutes to Buena Vista, ideal for hiking, rafting, and outdoor adventure. Unique to this property is access to Goldmedal Water for trout fishing on surrounding ranches, a highly sought-after feature for fishing enthusiasts.
This luxurious mountain home offers an unparalleled blend of modern amenities, superior craftsmanship, and exclusive recreational access, making it a truly unique property in the heart of Colorado's stunning landscape. Embrace a lifestyle of elegance and adventure with this exceptional opportunity.
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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 3, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jul 17, 2024 | Price Increased |
$649,000
↑ $10K
(1.6%) | |
| Price Increased | |||
| Jun 20, 2024 | Listed by Hart Realty Group | $639,000 | |
| Listed by Hart Realty Group | |||
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Luxurious Mountain Retreat with Exclusive Trout Creek Access located in the Red Hill Community. The property sits on a full 2 Acres and is less than 3.5 years old.
The stunning Architecture and Superior Craftsmanship includes High-end triple pane windows and doors from ProVia, the Elegant James Hardie Mountain Sage Green siding with factory-baked finish is Enhanced by the extra insulation and foam board behind Hardie siding. Eco-friendly bamboo flooring throughout, Sophisticated quartz countertops, Solid wood maple cabinets and drawers, exemplifying timeless elegance. Modern Amenities and Utilities include an efficient septic system with an RV hook-up, ideal for quests with campers, reliable propane heat via Rinnai wall unit and two other heat sources, gourmet 36" wide commercial oven stove, made in the USA quality woodstove. These stoves are built to last and access to a private community water source renowned as the best water in Fairplay, maintained by a dedicated private pump house.
A comprehensive fire hydrant system along 20 miles of private roads, significantly lowering home insurance costs which are conveniently located within 100 yards of the driveway. The well-maintained private roads provided by the HOA, ensuring they are plowed when snow exceeds 6 inches and regularly maintained with new rock. Just 40 minutes to Breckenridge, offering world-class skiing and winter sports and only 40 minutes to Buena Vista, ideal for hiking, rafting, and outdoor adventure. Unique to this property is access to Goldmedal Water for trout fishing on surrounding ranches, a highly sought-after feature for fishing enthusiasts.
This luxurious mountain home offers an unparalleled blend of modern amenities, superior craftsmanship, and exclusive recreational access, making it a truly unique property in the heart of Colorado's stunning landscape. Embrace a lifestyle of elegance and adventure with this exceptional opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017