35 County Road 4605
About This Property
boarders on the N. Fork of the Colorado River with two decks and plenty of room for company.
The master suite is on the top floor with a small loft or office. The main floor has a totally new
kitchen with granite counters and beautiful wood cabinets and luxury vinyl flooring. The lower
level has two more bedrooms one of which walks out so you can access the river. View of the
river and mountains in every direction. There is a second lot with a fire pit for roasting
marshmallows and the possibility of a guest cabin or larger garage. This is the perfect mountain
cabin with totally new flooring, dry wall, paint cabinets and counters. Ask to see samples
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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 |
|---|---|---|---|
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by RE/MAX Resorts of Grand County, | $699,000 | |
| Listed by RE/MAX Resorts of Grand County, | |||
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Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 2610541
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