204 Virginia Rd
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 |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| May 9, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed | $545,000 | |
| Listed | |||
| Feb 6, 2025 | Listed | $575,000 | |
| Listed | |||
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Welcome to your mountain retreat at 204 Virginia Road, nestled in the serene beauty of Bailey, Colorado. This charming home offers a perfect blend of rustic charm and modern convenience, making it an ideal escape for nature lovers and those seeking tranquility. As you step inside, you'll be greeted by a warm and inviting living space featuring a cozy fireplace, with gas lines already installed and ready for a gas fireplace upgrade, perfect for enhancing those chilly Colorado evenings. The open-concept layout seamlessly connects the living area to the dining space and kitchen, creating an ideal environment for entertaining family and friends. The kitchen boasts modern appliances, ample counter space, and plenty of storage, making meal preparation a breeze. Large windows throughout the home allow natural light to flood in, highlighting the stunning views of the surrounding forested landscape. This home features 3 bedrooms and 2 bathrooms, providing ample space for family or guests. The master suite is a true retreat, offering privacy and comfort with its en-suite bathroom and walk-in closet.
One of the standout features of this property is the inclusion of the large lot next door, offering endless possibilities for expansion, gardening, or simply enjoying the additional privacy and space. Step outside onto the expansive deck, where you can enjoy your morning coffee while taking in the breathtaking mountain views. The property offers plenty of outdoor space for gardening, hiking, or simply relaxing in the fresh mountain air. Located in the heart of Bailey, you'll have easy access to outdoor activities such as hiking, fishing, and skiing, while still being within a convenient drive to Denver for shopping, dining, and entertainment.
Don't miss the opportunity to own this beautiful mountain home with an expansive lot. A must see!!
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| Apr 13, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017