1408 County Road 48
About This Property
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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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed | $765,000 | |
| Listed | |||
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This unique modern residence is perfectly situated at the foothills of the Sangre De Cristo mountains, enveloped by majestic trees and a peaceful, year-round creek. With direct access to vast BLM land, it's an ideal retreat for those seeking tranquility, for hunting and hiking enthusiasts or investors eyeing a Colorado short-term rental opportunity. Built in 2017, the home boasts three levels and features three spacious decks where you can immerse yourself in the soothing sounds of nature, enjoy the serene flow of the creek, or unwind under the stars in the hot tub, for those cold winter days pull your car into the heated attached garage. Inside, you'll find two comfortable living areas, four bedrooms, three bathrooms, and a dedicated office space, providing ample room to create your personal sanctuary or to share with others. Most furnishings are negotiable, and the property includes 2 stackable washer and dryers on separate floors for your convenience. The master bathroom is a standout feature, equipped with double sinks and dual waterfall showerheads. Move in and start enjoying your new home right away this residence is truly a must-see!
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| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017