6629 Co Rd 71
About This Property
The residence features a mountain-style design with a tastefully finished interior. The home includes three bedrooms, five bathrooms, multiple living areas, and five fireplaces that create a warm lodge-like feel. Custom cabinetry and an inviting breakfast nook complement the kitchen. The primary suite includes a Kiva gas fireplace, luxury bathroom, and elevated deck. An open loft above the main living area offers additional sleeping space, a half bath, and a second-story deck with a spiral staircase. The finished basement provides flexible space for recreation, hobbies, a home gym, and additional living space.
Outdoor living spaces include a covered porch with a wood-burning fireplace, multiple decks, and a patio overlooking Pikes Peak and the nearby Pike National Forest.
Improvements are designed with usability in mind. A well-built barn includes five finished horse stalls, a heated tack room and a finished woodshop. Additional outbuildings include a storage shed and a large equipment shed with a second heated workshop. Raised garden beds, a newly established orchard, and a fenced raspberry patch contribute to the property's rural lifestyle appeal. The acreage is perimeter fenced for livestock, equestrian use, and grazing.
A seasonal creek meanders through the property with an existing dam, and a natural spring supplies water to the east meadow. With no HOA and a rare combination of luxury, usability, wildlife, and seclusion, the property offers an exceptional Colorado mountain lifestyle.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/18/2022
| |
3 Bed
|
5 Bath
|
4769 ft²
|
$1,250,000
3 Bed
5 Bath
4769 ft²
|
$1,055,000
-15.60%
12/22/2022
|
Lenore Hotchkiss
00002026-Lenore Hotchkiss
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017