$578,500
●
House -
Off Market
355 Macgregor Ave #21
Estes Park, CO 80517
4 Beds
2 Baths
1,767 Ft²
$743,488
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
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.
Unit Size
1,767 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$311
Property Type
House
Property Taxes
$235
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: 2 years ago (REcolorado MLS #4814683)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | Listed | $550,000 | |
| Listed | |||
| May 11, 2017 | Sold | ||
| Sold | |||
| Mar 21, 2017 | Listed by Group Mulberry | $450,000 | |
| Listed by Group Mulberry | |||
| | |||
|
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!
| |||
Property Highlights
With View
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Open Floorplan, Cathedral/Vaulted Ceilings
Appliances: Dishwasher, Refrigerator, Washer, Dryer, Microwave
Basement: Partially Finished
Exterior Details
Has Property Attached
Square Footage: 1767
Property Condition: Not New, Previously Owned
Architectural Style: Patio Home, Contemporary/Modern
Year Built: 2003
Building Area Total: 1064
Levels: Two
Building Area Units: Square Feet
Construction Materials: Wood Siding, Wood/Frame
Patio and Porch Features: Patio, Deck
Lot Size Area: 810
Lot Size Units: Square Feet
Lot Size Acres: 0.02
Lot Size Square Feet: 810
Water Source: City Water
Financial Details
Tax Annual Amount: $2,823
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Forced Air, Baseboard
Sewer : Public Sewer, City Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash, Snow Removal
HOA Fee: $150
HOA Fee Frequency: Monthly
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kevin Bolin,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 4814683
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 4814683
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