5232 Ute Rd
About This Property
Welcome to your versatile mountain retreat at 5232 Ute Road, Indian Hills, CO 80454, nestled in the charming town of Indian Hills, Colorado. This stunning property offers not just a home, but a lifestyle, with its thoughtful design and breathtaking surroundings. This fully remodeled haven boasts 3 bedrooms and 2 bathrooms on the main level, where every detail has been meticulously crafted to blend comfort and style seamlessly. But the true gem lies downstairs, where you'll discover a separate living area, complete with one bedroom, one bathroom, a kitchen, and a living room. Ideal for guests seeking privacy or as a potential source of rental income, this downstairs retreat offers endless possibilities. Whether you're hosting friends and family or accommodating tenants, the separate entrance ensures convenience and autonomy for all. From the moment you step inside, you'll be captivated by the peaceful ambiance and stunning views that surround you. Whether you're lounging in the cozy living room, preparing a meal in the well-appointed kitchen, or unwinding in the tranquil bedroom, every space exudes warmth and comfort. Outside, the beauty of Indian Hills unfolds before you, inviting you to explore hiking trails, enjoy scenic drives, or simply soak in the natural splendor from the comfort of your own deck.
Experience the best of mountain living with the convenience of urban amenities just a short drive away. From outdoor adventures to cultural attractions, Indian Hills offers something for everyone.
Don't miss this opportunity to own a piece of mountain paradise.
Seller is also offering a vacant land lot directly behind the backyard that recently appraised at $95,000. Lot size is .601 acres! New roof 2024 & newer radon system installed! If buyer is interested in purchasing the land, offer must be above list price. Seller is very motivated and open to all offers have agent.
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Cap Rate Calculator
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 8, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Price Decreased |
$639,500
↓ $499
(0.1%) | |
| Price Decreased | |||
| Jun 18, 2024 | Price Increased |
$639,999
↑ $75K
(13.3%) | |
| Price Increased | |||
| Jun 18, 2024 | Relisted | $565,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017