$1,910,000
●
House -
Off Market
1361 Upper Broadview Rd
Estes Park, CO 80517
7 Beds
6 Baths
3,794 Ft²
$2,066,599
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Unique Investment Opportunity in Estes Park near Rocky Mountain
National Park! Welcome to The Ranch! Two separately deeded
properties in a private setting on a total of 2.16 acres. Both
properties have ACTIVE SHORT TERM RENTAL PERMITS. 1361 is a
wonderful 5BR/4BA home with open design kitchen & dining, an
expansive deck, and a LARGE HOME PERMIT allowing up to 12 guests.
1365 is a 2BR/2BA full of history and charm cabin home with
luxuries of hot tub, fire pit and patio allowing up to 6
guests. Together they allow for 18 guests. Explore the options!
Live in one, rent the other; rent both together or separately;
convert to long-term rental or single family ownership; You decide!
Unit Size
3,794 Ft²
Days on Market
-
Land Size
2.16 acres
Price per sqft
$521
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1949
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (IRES MLS #973706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2022 | Listed by Madison & Company Properties | $1,975,000 | |
| Listed by Madison & Company Properties | |||
| Aug 20, 2021 | No longer available | - | |
| No longer available | |||
| Jul 26, 2021 | Listed by Ponderosa Realty & Management | $2,099,000 | |
| Listed by Ponderosa Realty & Management | |||
| | |||
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Spectacular luxury ranch! Private mountain setting close to RMNP and downtown Estes Park. Two homes on adjacent 1+ acre lots, both with active and transferable vacation home registrations including a rare large vacation home registration. Proven rental history. Total 7bed/6 ba. Sleeping capacity for 18 guests makes this a unique & flexible offering in the thriving vacation rental market. Great views, fire pit w/stone grill, covered dining area, hot tub, extensive new decks, high-end kitchens and appliances, granite counters, custom ponderosa totem pole. Sold turnkey. The manager has listed the unit size as 3794 square feet.
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Property Highlights
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About Larimer
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Listed by: Heidi Riedesel, Madison & Company Properties
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 973706
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 973706
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