170 Balsam Dr
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%.
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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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Redfin Corporation | $1,149,000 | |
| Listed by Redfin Corporation | |||
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This is it! Mountain living at its finest in this quintessential log home offering some of Innsbruck's most expansive valley and mountain views, soaring ceilings, huge windows, and an ideal layout for groups of all types. Each bedroom enjoys access to a full bathroom, an adjacent living space, and privacy from other areas of the home. Recent updates and included furnishings allow you to move right in and focus on enjoying the plentiful amenities and adventures at your fingertips - fresh paint inside and out, new stainless steel appliances, a brand new roof, new hot tub, and new carpet to name a few. The heart of this home is the vaulted open concept living and entertaining space anchored by a gas fireplace with a stone hearth and floor-to-ceiling stone surround - the perfect mountainside perch for taking in breathtaking sunset views, whether indoors or on the oversized front deck. Graciously host your friends and family in a kitchen fit for a crowd, complete with a breakfast bar, granite countertops and a brand new stainless steel gas range and french door refrigerator. High ceilings, light, and views continue upstairs into the bonus loft space outfitted for working from home or hosting extra guests. Retreat to the roomy and very private primary suite with a walk-in closet, luxurious five piece bath, and a flood of natural light from all directions. The spacious lower level walkout completes this picture-perfect mountain residence with more of the same great views, a second family room or game room, french doors leading to a covered patio and hot tub, an oversized third bedroom, third full bathroom, and an abundance of storage. As an added luxury, the attached heated two car garage provides ultimate convenience and ample storage for all of your mountain gear. Innsbruck is one of Granby's best locations with easy access to the free Winter Park Lift, City Market, miles of biking trails, and Granby Ranch for downhill and nordic skiing, golf, and fishing.
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| May 10, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017