14250 W County Road 270
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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by First Colorado Land Office, Inc. | $985,000 | |
| Listed by First Colorado Land Office, Inc. | |||
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Practical home in a perfect location! This property has a lot of breathing room. There are unobstructed views of the Mt Princeton peaks and the Chalk Cliffs from the spacious 12.98 acre parcel. You can really take in the big skies and panoramas of the valley from this home. Inside is nice and bright with a large open living area. Warm wood floors cover most of the main level. There is a gas fireplace in the living room and beautiful cherry cabinets and granite countertops in the kitchen. A primary suite is on this main level with an attached bathroom and huge walk-in closet. Three bedrooms and another full bathroom are upstairs with the wood floors continuing in all areas except the tiled bathrooms. The unfinished basement is ready to be completed with paint, ceiling, and trim. There is a stub up to add an another bathroom in the slab and there is excellent egress if more bedrooms are desired. The three car detached garage offers more storage and workspace. Plenty of room for toys and parking vehicles. A huge, heated bonus room is over the garage with an exterior door on the ground level. This would make a nice hobby space or office. With the land including just shy of 13 acres, there is a lot you can enjoy in this spot. The driveway is located off the county maintained County Road and it is easy to get to nearby Salida or Buena Vista. Chaffee County is surrounded by incredible mountain recreation and tons of year round opportunities to experience Colorado. Skiing is within 45 minutes, Mt Princeton Hot Springs Resort is minutes away, and you are almost exactly in between the historical towns of Salida and Buena Vista. We would love to schedule a tour with you to show you this home today!
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| Oct 17, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017