1384 County Road 665
About This Property
On the first floor is a full bath, (including large soaking tub with shower and custom tile); on the third floor is the second bedroom and bathroom with a shower. The second floor is entirely open, except for a small powder room, and includes the great-room, dining area, and kitchen, all with beautiful travertine flooring. There is T& G pine throughout the main and upper levels on the vaulted ceilings. Additional rooms include a sunroom on the first floor, a loft on the 3rd floor, plus a mechanical room with washer and dryer. The kitchen has granite countertops, self-closing maple cabinets and stainless appliances. The cabin is protected from the elements with a metal roof. The bathrooms have craftsman-installed travertine, tile, and stone. The railings are spectacular local burly and twisted aspen and pine. Deck and patio make for lovely outdoor living, with abundant perennial flowers. Great lighting with all the windows in this Colorado Log Home.
This super-insulated and airtight home was designed for both passive and active solar thermal heating, with not only in-floor heat, but deep "heat sink" heat storage, making the home extremely inexpensive to heat. In addition to the in-floor heat, there is a propane stove for supplemental or backup heat. The in-floor heat is provided by an ultra-high efficiency propane water heater with a large hot water storage tank. Internet and cellular service are excellent at the cabin.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 10, 2024 | Listed | $795,000 | |
| Listed | |||
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This custom log mountain retreat is a must-see. Set on 10 acres and bordering national forest, it offers tranquility and seclusion while still being a short drive to downtown Alma and Fairplay, or the slopes of Breckenridge, just 17 miles away. The cabin is designed with an abundance of windows in every room, providing plenty of natural light and stunning views of the Mosquito Range. You can enjoy meteor showers from the comfort of your living room or the expansive raised deck, free from light pollution. The property includes trails for exploring the aspen-covered terrain, adorned with wildflowers and frequented by moose and elk, plus your own private area for summer camping. A custom rock waterfall welcomes you in the naturally lit foyer, which is ideal for a cozy reading nook. Inside, you'll find custom log construction, maple cabinetry, and granite countertops throughout. Radiant floor heating ensures year-round comfort. This versatile property is perfect as a primary residence, mountain getaway, or short-term rental, with fewer restrictions compared to nearby Summit County. With its unique blend of privacy and convenience, this property stands out as truly one of a kind. NOTE - New $12,000 Electrical system being installed.
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| Nov 17, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed | $629,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017