17681 Highway 119
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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | Listed by RE/MAX Alliance-Nederland | $495,000 | |
| Listed by RE/MAX Alliance-Nederland | |||
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This home is attractively priced, offering a seamless blend of simplicity, comfort, and adventure. Positioned next to the scenic national forest, this inviting 3-bedroom ranch-style retreat encourages a lifestyle where rustic charm meets straightforward living. The primary bedroom boasts an en-suite bathroom, a walk-in closet, and direct deck access for refreshing morning air. Across from the living area, two additional bedrooms provide both space and privacy. The bright, open living space is anchored by a wood-burning fireplace, perfect for cozy evenings. For those needing more room, a separate family area adds versatility, catering to a variety of needs. Step outside to fully engage with nature, with direct access to hiking trails that make it easy to explore the nearby natural wonders. A spacious shed on the property offers practical storage for outdoor gear. Conveniently located off Highway 119, this home enjoys the advantage of low Gilpin County property taxes, making it an excellent choice for first-time homeowners or investors interested in rental potential. With its prime location, practical amenities, and potential, this property represents a harmonious mix of comfort, convenience, and opportunity.
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| Jun 20, 2024 | Price Increased |
$569,000
↑ $74K
(15%) | |
| Price Increased | |||
| May 17, 2024 | Listed by RE/MAX Alliance - Nederland | $495,000 | |
| Listed by RE/MAX Alliance - Nederland | |||
| Mar 3, 2009 | Listed | $197,950 | |
| Listed | |||
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Who wouldn't want the Natl Forest as your neighbor? This house is so awesome, and priced right too. See broker website for full offer instructions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017