2391 W US Highway 34
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jun 3, 2024 | Listed by eXp Realty - Inspired Living Group | $365,000 | |
| Listed by eXp Realty - Inspired Living Group | |||
| Oct 7, 2023 | No longer available | - | |
| No longer available | |||
| Aug 2, 2023 | Listed | $365,000 | |
| Listed | |||
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If you are looking for a starter home, retirement home or investment property, this is the home for you! This cabin is very quaint and charming. It's about 928 square feet of livable space plus a bonus space below, of 220 square feet for storage. Large living room, kitchen, bedroom & newly remodeled bathroom on the ground floor. New refrigerator, microwave & countertops. Upstairs is a 2nd bedroom with lots of storage! This home has been completely refurbed with ceiling fans & modern lighting. All windows are double pane & it was recently insulated to ensure warmth! The bathroom has a new shower and toilet, both of which are low-flow to save water. All new carpet and fresh paint throughout. There is a 1500 gallon septic vault (recently inspected and passed). Well water with UV filter installed and an owner-owned propane tank. A Jotul gas stove (very reliable with a long life and recently serviced) heats the home comfortably & there is central heat as well. The home is fully fenced to provide privacy & a pet-friendly area. The layered deck has new maintenance-free Trex decking and is partially covered with amazing rock out-croppings. The cabin has been rewired and replumbed plus includes a home warranty for added peace of mind. It was used as a long-term rental for many years & provided a steady income. No problems with renting because there are very few long term rentals in the area & demand far exceeds the supply. Home is conveniently located on Highway 34 & only 3 miles to Estes Park. Loveland and Longmont are about a 30 minute drive. Fishing on the Big Thompson River is very close. This is a mountain retreat providing endless relaxation for your enjoyment. Come see it today!
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| Jan 29, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017