684 Old State Rd
About This Property
This charming cabin is the perfect year-round retreat, offering unbeatable proximity to 285 for easy access to both mountain adventures and city conveniences. Recently upgraded with a NEW water heater, electrical wiring, pressure tank, retaining walls, windows, doors, flooring, deck, well pump, and a newer roof, this home is ready for you to move in and start enjoying the mountain lifestyle immediately. Step inside to a spacious living room where you can cozy up in front of the pellet stove, ideal for those chilly Colorado nights. The open floor plan is bathed in natural light, with stunning mountain views and a backdrop of towering trees visible from every window. The kitchen features charming white cabinets and ample counter space, while the loft-style bedroom and full bathroom offer comfort and style. Outside, a large flat circle driveway provides easy access to plenty of parking, and a storage shed offers additional space for all your outdoor gear and the best part is the property comes with water and mineral rights as well! Surrounded by nature, this property is a true escape from the hustle and bustle of city life, with multiple trailheads and national parks, including the popular Maxwell Falls Lower Trail, just a short drive away. Don't miss your chance to own this beautifully upgraded cabin-schedule your private showing today and experience the perfect blend of rustic charm and modern convenience.
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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 21, 2024 | Sold | ||
| Sold | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Price Decreased |
$374,900
↓ $24K
(6%) | |
| Price Decreased | |||
| Sep 6, 2024 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Aug 5, 2024 | Price Increased |
$425,000
↑ $50K
(13.4%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017