33
Map
1546 Wagon Wheel Rd
About This Property
This luxury home also features granite counter tops and alder cabinets in the large open kitchen with ample countertop space for the most discerning chef. The kitchen appliances are all electric, however there is a propane line available to the stove for those who prefer the option of a gas oven/stove. The flooring in the main living area is an engineered hickory accented by tile in the bathrooms and carpet in the bedrooms and loft area. The home sits on a well-forested 35 acre parcel with mature ponderosa pines which has had fire mitigation completed on much of the area near the home. This natural forest provides for the peace and tranquility that you are looking for in a mountain retreat. The location of the property on Wagon Wheel Road, which is a short loop to the North, makes daily traffic minimal even on busy days.
The Pearce Family Retreat also sits on the edge of Park County near Chaffee County which gives access to some of the best outdoor recreation opportunities available anywhere in the world. If you enjoy fishing, a membership in the Ranch of the Rockies HOA gives access to a private fishing lake and there are many other excellent options in the immediate area. Hiking, biking, ATV, and 4x4 trails abound in the forests nearby. Rafting or skiing is also less than an hour from this amazing property.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017