1583 Highpoint Cir
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 |
|---|---|---|---|
| Nov 28, 2023 | Sold | ||
| Sold | |||
| Aug 19, 2023 | Listed by RE/MAX Advanced Inc | $619,500 | |
| Listed by RE/MAX Advanced Inc | |||
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PRICE IMPROVED AND $8,000 BONUS! Seller offering an $8,000 you pick bonus to be used to improve the price, for seller concessions, or to escrow for later repairs. Ask us how you can use it to reduce your payment by up to $350/month! This is the Colorado mountain retreat you've been waiting for -- A home that has all of the charm and rustic appeal of an acreage in the mountains with all the conveniences of modern life. Natural gas and electricity to the home mean you don't have to trade comfort for mountain living. Newly refreshed kitchen with stainless appliances and an open floor plan with 16ft vaulted ceilings make entertaining a joy. Every level features an expansive porch or covered patio for next level views, maximum outdoor living and wildlife viewing. Home was completely updated with new class 3 (IR) roof, new exterior paint, new interior paint, new LVP flooring, new carpet, new lighting, and more (see additional features page for full list). Located just around the corner from the Gilpin County rec center and fairgrounds which provide year round recreation and entertainment. Residents of Dory Lakes may join the fishing club ($60/yr) which provides unmatched fishing opportunities on stocked 4.75 acre, Dory Lake and several private neighborhood ponds. Black Hawk & Central City are minutes away on the Peak to Peak Hwy, which also provides quick access to countless recreation activities such as Eldora Ski Resort. Fully finished basement includes a wet-bar/kitchenette is a perfect candidate for multi-generational living, or an income source to put your equity to work. Don't miss your chance to own this quintessential slice of mountain paradise.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017