7944 Ute Hwy
About This Property
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | Listed by RE/MAX of Boulder, Inc | $1,495,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| | |||
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This property offers stunning views of McIntosh Lake and the Front Range to the south, creating a peaceful and tranquil atmosphere. Whether you enjoy sitting and admiring the scenery or working in the garden or workshop, this property has it all. The ready-made garden beds and greenhouse provide opportunities for cultivating your favorite plants, while the acreage's irrigation water rights allow for growing crops or housing livestock. Despite its serene location, this property is conveniently located just minutes away from Longmont, Boulder, and Lyons, making it easy to access amenities and activities in the surrounding areas. With ample space that you could host farm-to-table events for your friends and family. The home itself is well-designed, with the primary suite and bath on the upper level, offering views of the front yard. Two additional bedrooms on this level with a beautiful bathroom serving both. The ground level walkout features a spacious family room open to the kitchen. Large Laundry room on that floor too, directly accessible to garage. This ground-level accesses the south side of the property, where you can enjoy the amazing views. The second lower level also offers walkout access with a few stairs and southern views It is ideal for accommodating guests, nannies, or in-laws Has its own bedroom, bath, living area, and kitchenette. This property is not only a great place to call home but also offers the potential for expanding the living space, as there is more allowable buildable square footage. For specific details, it is advisable to check with Boulder County. In summary, this property provides a lovely place to work or return to at the end of the day. With TEN acres in Boulder County, it offers ample space and the opportunity to create the lifestyle you desire.
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| Jun 15, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by RE/MAX of Boulder, Inc | $1,250,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| Sep 15, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017