266 Aspen 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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Crocker Realty, LLC | $449,900 | |
| Listed by Crocker Realty, LLC | |||
| | |||
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Are you an investor looking for a home to flip? This is a great opportunity for a home flipper who is looking for their next fix-and-flip. Are you willing to put in some sweat equity to make this your dream home? Are you a home builder or a contractor looking for your next project? Here is your chance! This property needs some TLC, but has a lot of potential. Near Wondervue, engulfed in Aspen Trees on .95 acres, and zoned Forestry by Boulder county, this home could be your next great investment. Lot's of privacy! This 4bed/2bath (4th bedroom is non-conforming) two story home with 2 car attached garage and wrap around deck is also located at the end of a cul-de-sac. There aren't any neighbors to the west and you will have plenty of space between your home and the homes to the north and east. The home is down to studs and sub-floors in most areas. It's framed for 2 bedrooms and one bath on the main level, and 2 bedrooms and one full bath on the upper level. Currently there is Large Flex/Bonus Room on the upper level (potential 4th bedroom) that is in great shape with vaulted T&G Pine ceilings, lots of light, and French doors that open to the large wrap around trex deck. Deck is in great shape! Other features include a wood burning stove, over-sized 2 car garage, work shop, storage shed, RV parking, and an active solar hot water system. New roof and septic were installed in 2019. County maintained roads. Easily accessible with smaller vehicles. NO HOA!! Easy access to Boulder, Denver and Golden. Seasonal Snowcapped Views. Garage and loft area were added in 2004, the deck was built in 2006. Framed for 2 beds on the main level, and 2 beds on the upper level.
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| Jun 18, 2019 | Sold | ||
| Sold | |||
| Jun 16, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017