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1933 Roland Dr
About This Property
This 3 bed / 2.5 bath home is built for how you actually want to live: an open-concept great room and kitchen under vaulted ceilings for effortless entertaining, a walk-out lower level with a family room, half-bath, and full-size office or bonus space perfect for remote work, and two wood-burning stoves for cozy nights in. Freshly painted inside and out, this home is truly move-in ready. Step outside to the expansive Brazilian hardwood wraparound deck, your front-row seat to Colorado sunshine and sweeping Roland Valley views, all set on a serene, wooded acre.
Licensed as a short-term rental, this no-HOA property delivers the mountain experience. Whether you're seeking a smart income-producing investment, a mountain escape you can enjoy on your own schedule while it works for you the rest of the time, or simply a home that keeps your options open, the existing STR license gives you a running start. The home may also come fully furnished, making the move even simpler.
As an added bonus, the seller is offering a $5,000 credit toward finishing the basement bathroom, adding instant equity and even more usable living space to make this home your own.
Minutes from Bailey favorites like local coffee shops, food trucks, schools, the Bailey Library, and the restaurants of downtown Bailey and Pine Junction. Lovingly cared for, this home is ready for its next chapter!
PROPERTY VIDEO: https://youtube.com/shorts/dv5mBg6agqM
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017