Larimer
199 Redtail Ridge Way
$550,000
●
Land -
Off Market
199 Redtail Ridge Way
Bellvue, CO 80512
Studio
0 Bath
$3,180
Est. Monthly
$54
HOA / Fees
About This Property
The mountains are calling and this property will answer your need
for fun. Designed specifically for a studio, design centre, shop,
parties, or whatever you can dream up. The 48 x 56 custom
studio/shop has 10' doors, You will be truly be amazed at the
quality and custom treatments you will enjoy. A full kitchen with
custom cabinets, separate island and granite counters. A 3/4
bathroom, w/custom faux paint, lighting and fun decor. On demand
water heater. Radiant floors for consistent warmth over stained
concrete floors. Mesmerizing views, where your night skies are
filled with shooting stars and the milky way. Bring your
horses as the two barns each have 2 automatic watering stations
each. Now take a hike and relax next to Buckhorn Creek. Need more
space? Lot at 192 Moondance with 35 acres is also available.
MLS 1011039. See the complete list of what this property has
to offer and be amazed from the moment you arrive. The original
home burned in the 2021 fire. Shop is not permitted to live in. No
drive-bys. Locked gate. Broker must accompany all showings.
Unit Size
-
Days on Market
-
Land Size
40.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$204
HOA Dues
$54
Year Built
2018
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Cap Rate
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: 11 months ago (IRES MLS #1011021)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | Listed by RE/MAX Alliance-FTC South | $595,000 | |
| Listed by RE/MAX Alliance-FTC South | |||
| | |||
|
The mountains are calling and this property will answer your need for fun. Designed specifically for a studio, design centre, shop, parties, or whatever you can dream up. The 48 x 56 custom studio/shop has 10' doors, You will be truly be amazed at the quality and custom treatments you will enjoy. A full kitchen with custom cabinets, separate island and granite counters. A 3/4 bathroom, w/custom faux paint, lighting and fun decor. On demand water heater. Radiant floors for consistent warmth over stained concrete floors. Mesmerizing views, where your night skies are filled with shooting stars and the milky way. Bring your horses as the two barns each have 2 automatic watering stations each. Now take a hike and relax next to Buckhorn Creek. Need more space? Lot at 192 Moondance with 35 acres is also available. MLS 1011039. See the complete list of what this property has to offer and be amazed from the moment you arrive. The original home burned in the 2021 fire. Shop is not permitted to live in. No drive-bys. Locked gate. Broker must accompany all showings.
| |||
| May 2, 2024 | No longer available | - | |
| No longer available | |||
| Apr 27, 2022 | Listed | $999,800 | |
| Listed | |||
| | |||
|
This extraordinary property has so much to offer you. The 48 x 56 custom studio/shop with 10' doors, is a spectacular area to work, for a studio, great parties, for all your toys, or whatever excitement you can dream of. You will be truly be amazed at the quality and custom treatments you will enjoy. A full kitchen with custom cabinets, separate island and granite counters. A 3/4 bathroom, w/custom faux paint, lighting and fun decor. Radiant floors for consistent warmth over stained concrete floors. 75 acres from 2 lots, offer mesmerizing views, night skies filled with stars, lots of space to play, and meadows for your horses or other critters. Two barns with 2 automatic watering stations each. Now take a hike and relax next to Buckhorn Creek. See the complete list for why this fabulous property will amaze you from the moment you arrive. The original home burned in the 2021 fire. Shop is not permitted to live in. No drive-bys. Locked gate. Broker must accompany all showings.
| |||
| Mar 2, 1999 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Larimer
Similar Homes for Sale
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Listed by: Louise Creager, RE/MAX Alliance-FTC South
Last Updated: 11 months ago
Data Source: IRES MLS, MLS# 1011021
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: 11 months ago
Data Source: IRES MLS, MLS# 1011021
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