7584 Pine Crest Dr
About This Property
treed and fully fenced acres in the highly popular Kiowa/Elizabeth Colorado area. This
home is just 2 miles south of highway 86, where you can enjoy the mountain views
right off of the back deck. This home has over 3500 + square feet and boasts 5
bedrooms and 4 bathrooms. The top floor is mainly the master suite with its own cozy
jacuzzi tub, loft and lots of privacy. The main level is open and flows nicely from the
living room, dining room and to the kitchen, perfect for entertaining guests. The tall
ceilings and large windows let's in tons of natural lighting. The main floor is also the
home of 1 additional bedroom and bathroom. The basement is finished and has 3
additional bedrooms and 2 bathrooms so bring the whole family.
Detached oversized 2 car garage and separate carport to keep your vehicles and toys
out of the rain and snow.
Seller will provide Buyer with and Elbert County septic Use Permit and seller installed a
new well pressure tank in 2016 and recently installed a new well pump.
So here's the rare opportunity: This home needs some updating, such as new carpet,
interior paint, decking repairs, some driveway grading and windows. This home is priced
way below the comparable and current market value. You can move right in with instant
equity or start some upgrades prior to moving in.
This home is being SOLD AS IS and has tons of potential inside and out. With a full
price offer, Seller is offering $10,000.00 in Seller Concessions toward the new home
owners updating projects.
No HOA and No Covenants! Bring you pets!
This property is centrally located between Denver and Colorado Springs, so a nice
commute either direction.
Set your private showing today!
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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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Leap of Faith Real Estate Company LLC | $634,900 | |
| Listed by Leap of Faith Real Estate Company LLC | |||
| | |||
|
Priced below market value! Rare opportunity to own a well built home on 5 partially
treed and fully fenced acres in the highly popular Kiowa/Elizabeth Colorado area. This
home is just 2 miles south of highway 86, where you can enjoy the mountain views
right off of the back deck. This home has over 3500 + square feet and boasts 5
bedrooms and 4 bathrooms. The top floor is mainly the master suite with its own cozy
jacuzzi tub, loft and lots of privacy. The main level is open and flows nicely from the
living room, dining room and to the kitchen, perfect for entertaining guests. The tall
ceilings and large windows let's in tons of natural lighting. The main floor is also the
home of 1 additional bedroom and bathroom. The basement is finished and has 3
additional bedrooms and 2 bathrooms so bring the whole family.
Detached oversized 2 car garage and separate carport to keep your vehicles and toys
out of the rain and snow.
Seller will provide Buyer with and Elbert County septic Use Permit and seller installed a
new well pressure tank in 2016 and recently installed a new well pump.
So here's the rare opportunity: This home needs some updating, such as new carpet,
interior paint, decking repairs, some driveway grading and windows. This home is priced
way below the comparable and current market value. You can move right in with instant
equity or start some upgrades prior to moving in.
This home is being SOLD AS IS and has tons of potential inside and out. With a full
price offer, Seller is offering $10,000.00 in Seller Concessions toward the new home
owners updating projects.
No HOA and No Covenants! Bring you pets!
This property is centrally located between Denver and Colorado Springs, so a nice
commute either direction.
Set your private showing today!
| |||
| Jun 25, 2024 | Listed | $634,900 | |
| Listed | |||
| | |||
|
On 5 acres, at over 2,800 Sq Ft, this well-kept 1996 built home, might be the deal of the month!
| |||
| Feb 20, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017