40963 County Road 85
About This Property
Lovely 4 bedroom 2 bath home with a primary suite, open concept, lots of space for living!
The primary suite at one end of the home offers a 5 piece, en-suite bathroom with a luxurious freestanding bathtub.
The kitchen offers stainless steel appliances, a large island and is adjacent to the living room and the dining room. Sliding glass doors lead to the back yard with a patio and a fire-pit.
The lot offers a large 30' x 40' out building with two garage doors, a dog pen, gravel drive and decorative boulders.
There is a partial fence, domestic well, wired for internet and central AC.
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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 |
|---|---|---|---|
| Jun 19, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by Corcoran Perry & Co. | $515,000 | |
| Listed by Corcoran Perry & Co. | |||
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Come home to your piece of the world in the countryside of Colorado with no HOA fees!
Lovely 4 bedroom 2 bath home with a primary suite, open concept, lots of space for living!
The primary suite at one end of the home offers a 5 piece, en-suite bathroom with a luxurious freestanding bathtub.
The kitchen offers stainless steel appliances, a large island and is adjacent to the living room and the dining room. Sliding glass doors lead to the back yard with a patio and a fire-pit.
The lot offers a large 30' x 40' out building with two garage doors, a dog pen, gravel drive and decorative boulders.
There is a partial fence, domestic well, wired for internet and central AC.
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Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 5895192
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