68 Concord Dr
About This Property
Set on approximately 2 acres in the Stagestop subdivision, this single-level mountain home offers open views across South Park with convenient year-round access. The layout features approx. 1,300 sq ft with 3 bedrooms and 2 updated bathrooms, vaulted ceilings, and large windows that bring in natural light and expansive scenery.
The open living, dining, and kitchen area includes updated finishes, white shaker cabinetry, soft-close drawers, granite countertops, stainless steel appliances, and a center island. A sliding glass door connects the dining area to a Trex-style composite deck, extending usable outdoor space.
The primary bedroom includes a vaulted ceiling, ceiling fan, and a remodeled en-suite bath with dual-sink vanity, custom granite countertop, and walk-in glass shower. Two additional bedrooms and a second updated bathroom provide flexible use. A dedicated laundry room includes washer and dryer, upper cabinetry, and exterior access.
Exterior features include a metal roof, recently painted siding, gravel driveway, oversized detached 2-car garage with a wood-burning stove, additional storage shed, and conex container. Property is served by well and septic. Starlink satellite service is available in the area; equipment can be included, buyer just has to setup service plan.
HOA allows short-term rentals subject to Park County licensing and includes Tarryall Fishing Club membership with private access to stocked ponds and miles of trout water. Located near Kenosha Pass, Tarryall Reservoir, and extensive public land access.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017