1840 Ute Tr
About This Property
Privacy abounds, as this home is strategically positioned, tucked into a private corner lot ensuring uninterrupted serenity with no neighbors nearby. The loft master suite boasts a private sitting deck with breathtaking views & southern exposure. Enjoy cozy evenings by the wood-burning stove, perfect for chilly mountain nights. Outside, an expansive wrap-around deck beckons you to soak in the Colorado mountain scenery, offering plenty of space for outdoor activities amidst mature trees that provide shade and seclusion.
Experience the essence of mountain living in this retreat, located just a few minutes from Pike National Forest and only 15 minutes from Tarryall Reservoir. This home offers the perfect blend of rustic comfort and modern convenience, promising an unparalleled rustic lifestyle opportunity. Whether seeking a peaceful getaway or a permanent residence immersed in nature's splendor, this home is truly remarkable. Just 25 minutes from Fairplay for dining, shopping, and entertainment and only 50 minutes to world class skiing in Breckenridge! Back on the Market, no Fault of Seller.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Price Decreased |
$519,900
↓ $20K
(3.7%) | |
| Price Decreased | |||
| May 25, 2025 | Listed by Jefferson Real Estate | $539,900 | |
| Listed by Jefferson Real Estate | |||
| May 24, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017