303 Virginia Rd #E
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 4, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 6, 2026 | Listed | $350,000 | |
| Listed | |||
| |||
|
Welcome to 303 Virginia Road #E in beautiful Bailey, Colorado-an exceptional mountain retreat that is completely turnkey and ready to enjoy from day one. This thoughtfully updated condo features fresh interior paint, new flooring throughout, new interior doors, updated lighting and plumbing fixtures, granite countertops, a new gas fireplace insert with impressive modern rock surround, and tasteful modern finishes that create a bright, inviting space.
Offered fully furnished, this property is perfect as a full-time residence, weekend mountain getaway, or investment opportunity. Whether you're looking for a primary home or considering long-term or short-term rental possibilities (subject to local regulations), this low-maintenance property offers outstanding flexibility.
Enjoy breathtaking mountain views from your home while being just minutes from the heart of Bailey. Spend your weekends exploring local favorites including the award-winning Aspen Peak Cellars winery, local brewery, charming restaurants, coffee shops, McGraw Memorial Park, hiking trails, fishing, and countless outdoor recreation opportunities. With easy access to US Highway 285, commuting to the Denver metro area or escaping to the mountains couldn't be more convenient.
One of the property's standout advantages is the rare convenience of public water and public sewer-an uncommon and highly desirable feature in the Colorado mountains. No well or septic maintenance means easier ownership, making this home especially attractive for both owner-occupants and investors.
If you've been searching for a move-in-ready mountain property with spectacular views, modern updates, unbeatable convenience, and excellent income potential, this is one you won't want to miss.
| |||
| Dec 31, 2025 | Listed by Best Choice Realty | $299,000 | |
| Listed by Best Choice Realty | |||
| Aug 12, 2025 | Price Decreased |
$349,000
↓ $16K
(4.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/06/2026
|
2 Bed
|
1 Bath
|
1053 ft²
|
$350,000
2 Bed
1 Bath
1053 ft²
|
$344,000
-1.71%
09/04/2026
|
Katie Spodyak
RE/MAX Professionals
| |
|
07/19/2024
| |
2 Bed
|
2 Bath
|
1053 ft²
|
$375,000
2 Bed
2 Bath
1053 ft²
|
$375,000
09/12/2024
|
Katie Knowlton
Kentwood Real Estate Cherry Creek
|
|
02/27/2023
|
3 Bed
|
1 Bath
|
1242 ft²
|
$400,000
3 Bed
1 Bath
1242 ft²
|
$400,000
04/17/2023
|
Rachel Mulvihill
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017