211 Chalet Dr
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 18, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by Madison & Company Properties | $700,000 | |
| Listed by Madison & Company Properties | |||
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A Hidden Gem with Vast Potential, nestled on 1.6 acres usable land has incredible views. Boasting 2688 square feet of living space, this home is perfectly designed to host and entertain and is waiting for someone to bring their vision and create the perfect mountain oasis. Each of the 3 Bedrooms are generously sized and has an additional space that could be used for a fourth bedroom but is being marketed as an office. Updated Kitchen with The kitchen is a chef's dream, featuring sleek stainless steel appliances, a massive island for meal preps and gatherings, and exquisite cabinetry. Amplify the cozy ambiance with two charming fireplaces, perfect for Colorado's chilly evenings. While the home is beautiful as it stands, it requires some cosmetic updates. This presents a fantastic opportunity for instant equity with a bit of creativity and work. Included in the sale is a hot tub, which complements the immense deck area - a perfect spot to enjoy breathtaking sunsets and panoramic mountain views that define this property. A fenced area provides a secure space for pets to roam freely, and the vast expanse of land is a playground for wildlife watching and outdoor activities. The home includes a 2-car attached garage and a large driveway that can accommodate several vehicles, making it not only a great family home but also an entertainer's delight. Situated in the heart of Black Hawk, this home promises a lifestyle filled with peaceful nature, privacy, and the freedom of mountain living, while still being conveniently accessible to local amenities and community activities. With significant potential for customization and improvement, investing here could quickly translate into building significant equity. Ideal for someone looking to mold their dream home, seeking a peaceful retreat, or an investor ready to capitalize on the potential, this home in Black Hawk is a golden opportunity waiting to be realized.
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| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Listed | $699,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017