$436,500
●
House -
Off Market
355 MacGregor Ave #21
Estes Park, CO 80517
4 Beds
2 Baths
1,767 Ft²
$727,110
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Don't miss this rare opportunity to own a completely updated
residence/VRBO just steps from the city center. This is a must see
with over 60K in upgrades in the past two years. Granite counters,
new tile, stainless appliances, spacious great room with wood
ceilings and unprecedented views of Lumpy Ridge and the Stanley.
Enjoy the newly created outdoor space with a beautiful fire pit and
setting. Ample room to entertain both inside and out!
Unit Size
1,767 Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$255
Property Type
House
Property Taxes
$149
HOA Dues
$150
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (IRES MLS #814370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | Listed | $550,000 | |
| Listed | |||
| | |||
|
You must see this "turn key" investment property in beautiful Estes Park, CO. This property, 2 blocks from downtown Estes, has operated for years now as a legal Short Term Rental. The property experiences over 80% occupancy throughout the year and with 25% down, this property will cash flow around $1200 per month! Everything that you see in the house is included! Showings are difficult as it is all booked up for the summer/fall. Please look at photos, floor plans etc. STR license will transfer. STR licenses currently have over a 100 home waiting list in Estes.
| |||
| May 11, 2017 | Sold | ||
| Sold | |||
| Mar 21, 2017 | Listed by Group Mulberry | $450,000 | |
| Listed by Group Mulberry | |||
Property Highlights
Fireplace
Interior Details
Bedrooms: 4
Full Bathrooms: 2
Interior Features: Satellite Avail, High Speed Internet, Cathedral/Vaulted Ceilings, Open Floorplan, Loft
Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Window Features: Window Coverings, Double Pane Windows
Laundry Features: Washer/Dryer Hookups, In Basement
Has Fireplace
Fireplace Features: Great Room
Basement: Full, 90%+ Finished Basement, Walk-Out Access, Daylight
Exterior Details
Square Footage: 1767
Square Footage Source: Other
Security Features: Smoke Detector(s)
Property Condition: Not New, Previously Owned
Architectural Style: Cabin
Year Built: 2003
Above Grade Finished Area: 1064Square Feet
Below Grade Finished Area: 703Square Feet
Building Area Total: 1064
Levels: Two
Building Area Units: Square Feet
Construction Materials: Wood/Frame, Wood Siding
Patio and Porch Features: Patio, Deck
Roof: Composition
Lot Features: Fire Hydrant within 500 Feet, Sloped
Lot Size Area: 436
Lot Size Units: Square Feet
Lot Size Acres: 0.01
Lot Size Square Feet: 436
Water Source: City Water, District Water, Estes Park
Financial Details
Tax Annual Amount: $1,786
HOA/Condo/Coop Fee Includes: Common Amenities, Trash, Snow Removal
Association Name: Estes Highlands HOA
HOA Fee: $150
HOA Fee Frequency: Monthly
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Baseboard, 2 or more Heat Sources
Utilities for Property: Electricity Available, Cable Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/12/2020
|
4 Bed
|
2 Bath
|
1767 ft²
|
$550,000
4 Bed
2 Bath
1767 ft²
|
$578,500
+5.18%
09/25/2020
|
Kevin Bolin
| |
|
03/21/2017
|
4 Bed
|
2 Bath
|
1767 ft²
|
$450,000
4 Bed
2 Bath
1767 ft²
|
$436,500
-3.00%
05/11/2017
|
Eric Hansen
Group Mulberry
|
Building Info
About Estes Park
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Listed by: Eric Hansen, Group Mulberry
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 814370
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 814370
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