2924 Highway 91
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 29, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by eXp Realty, LLC | $700,000 | |
| Listed by eXp Realty, LLC | |||
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NO HOA and HUGE GARAGE: This cozy, remodeled home is a wonderful retreat in the woods, offering a serene and picturesque setting. With its fabulous views and just shy of an acre of level, usable land, it provides ample space for relaxation and outdoor activities. Functionally, this home is ideal for a contractor or builder with 1050+ square feet in the garage for woodworking, tools, building materials, etc. or someone with an RV or Sprinter van. The heated garage fits at least six cars and your recreational equipment, offers ample space for storage. The inclusion of the two sheds offers even additional storage space. Its proximity to Copper Mountain (just 15 minutes away) and Ski Cooper (just 5 minutes away) makes it a wonderful location for winter sports enthusiasts within a short drive to Summit and Eagle County. One notable advantage is that there is no HOA, which means fewer restrictions and potentially lower costs for property maintenance. Being just steps away from the Arkansas River provides the opportunity for water activities and the chance to enjoy the natural beauty of the surroundings. Furthermore, the cabin boasts new appliances and a new roof, which adds to the comfort and functionality of the property. Come drive through the grand log corbel ranch entrance to the cabin in the woods that everyone has been waiting for!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017