$695,000
●
House -
Off Market
1641 High Dr
Estes Park, CO 80517
3 Beds
0 Bath
1,354 Ft²
$3,639
Est. Monthly
4.23%
Cap Rate
About This Property
Classic High Drive Cottage w/bonus guest cabin & inspiring
snow-capped views of The Continental Divide. Main cottage has large
Great Room, super efficient insert/ wood burning fireplace, new lvp
floors and a wrap around deck, as well as 2 bedrooms and a NEW 3/4
bath with dual shower heads. Attached guest cabin has
bedroom/living area, kitchenette and full bath and is RENTED
NIGHTLY with B & B Permit, earning an average of $31k in gross
rents (can use permit on 2br house or cabin!). Private hot tub and
stone patio, fenced yard and detached 2-car garage with awesome
home office, all on a sweet 1/2 acre to complete the package. A
great place to enjoy year round with a built-in revenue stream.
Walk into RMNP! $695k
Unit Size
1,354 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$513
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1920
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (IRES MLS #1027480)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | Listed | $695,000 | |
| Listed | |||
| May 23, 2023 | No longer available | - | |
| No longer available | |||
| May 3, 2023 | Listed by First Colorado Realty | $689,500 | |
| Listed by First Colorado Realty | |||
| | |||
|
Classic High Drive Cottage w/bonus guest cabin & inspiring snow-capped views of The Continental Divide. Main cottage has large Great Room, wood burning fireplace, new lvp floors and a wrap around deck, as well as 2 bedrooms and a 3/4 bath. Attached guest cabin has bedroom/living area, kitchenette and full bath and is RENTED NIGHTLY with B & B Permit, earning an average of $31k in gross rents. New hot tub and stone patio, fenced yard and detached 2-car garage, all on a sweet 1/2 acre complete the package. A great place to enjoy year round with a built-in revenue stream. Walk into RMNP! The manager has listed the unit size as 1354 square feet.
| |||
| Dec 7, 2018 | No longer available | - | |
| No longer available | |||
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About Larimer
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Listed by: Christian J. Collinet,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1027480
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1027480
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