255 Bum Dr
About This Property
Inside, vaulted beetle kill pine ceilings, handcrafted log accents, a custom stone fireplace, and a repurposed log beam harvested from the property create the warmth and character of a true mountain retreat. The spacious primary suite offers peaceful mountain views, while the flexible floor plan includes a bonus room with an adjacent 3/4 bath, ideal for a home office, personal gym, guest space, or bunk room.
Natural gas service, an attached garage with space for mountain gear, and expansive outdoor living areas provide year round comfort and convenience. Previously operated as a successful vacation rental, the cabin has historically generated $75,000 in average annual gross rental revenue. Detailed revenue history is available upon request.
Whether you are searching for a full time Fairplay home, Colorado mountain getaway, or vacation rental opportunity, this furnished Valley of the Sun cabin offers privacy, distinctive custom character, and year round access to hiking, fishing, skiing, Breckenridge, Fairplay, and endless mountain recreation.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Relisted | $675,000 | |
| Relisted | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Price Decreased |
$675,000
↓ $74K
(9.9%) | |
| Price Decreased | |||
| Jun 18, 2026 | Listed | $749,000 | |
| Listed | |||
| Dec 26, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017