2137 Roland Dr
About This Property
Outside, the nearly finished 12x12 outbuilding offers endless possibilities-whether you need a private office, creative studio, or guest quarters. A charming log shed is perfect for storage or could be transformed into a fun playhouse for kids. With lots of flat parking, including space for an RV, there's room for all your Colorado gear.
Step outside and you're minutes from everything that makes Bailey special: cast a line in the North Fork of the South Platte, hike scenic trails through Pike National Forest, camp under starlit skies, or take a Sunday drive along Guanella Pass. End the day with live music at Aspen Peak Cellars winery with your feet in the sand and a view of the river for small-town charm at its best.
With space to spread out, room for hobbies, and the best of Colorado's outdoor lifestyle at your doorstep, this is where your mountain living story begins.
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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