8852 Martin Ln
About This Property
EXCEPTIONAL, move-in ready, 3 bedroom, 3 full-bath home in Black Mountain Ranch Estates. Recently updated, beautifully cared for, with sweeping mountain views - you won't ever want to leave! Open floorplan with vaulted ceilings and large windows & skylights allowing for tons of natural light. Living room includes a beautiful wood-burning fireplace, and the eat-in kitchen includes stainless appliances and tons of cabinet space. The primary bedroom includes an ensuite bathroom and large walk-in closet, with a guest bedroom and full bath rounding out the main floor. The lower level includes an additional bedroom and another full bath, and a spacious family room for even more room to enjoy this wonderful home. MANY recent upgrades including interior & exterior paint, new Pella Low-E double pane windows, flooring, ceiling fans, lighting, wood-burning fireplace and surround, doors and trim, retaining walls, back-up generator and roof with Class 4 high-impact shingles installed in 2021. In-floor radiant heat, tankless water heater and energy efficient upgrades earned this home a CO Energy Code Certification. Want to work from home? Starlink high-speed internet hardware is included. Enjoy the views while entertaining or just lounging on your wrap-around composite deck. 2+ acres with aspen and pine and an abundance of wildlife. Greenhouse & water tank, custom chicken coop, home warranty and snow blower are included. Septic Use Permit has been issued. Southwest facing paved driveway for easy maintenance, and within walking distance of Arapahoe National Forest. Located in the school district of some of the best schools in CO, and on a county-maintained road/school bus route so it's cleared first. 10 minutes to Aspen Park and Hwy 285, with grocery stores, restaurants and shops, and only 20 minutes to Evergreen. Visit 8852martinlane.com for more information.
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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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
| Apr 3, 2024 | Listed by Madison & Company Properties | $774,900 | |
| Listed by Madison & Company Properties | |||
| | |||
|
Motivated Sellers!
EXCEPTIONAL, move-in ready, 3 bedroom, 3 full-bath home in Black Mountain Ranch Estates. Recently updated, beautifully cared for, with sweeping mountain views - you won't ever want to leave! Open floorplan with vaulted ceilings and large windows & skylights allowing for tons of natural light. Living room includes a beautiful wood-burning fireplace, and the eat-in kitchen includes stainless appliances and tons of cabinet space. The primary bedroom includes an ensuite bathroom and large walk-in closet, with a guest bedroom and full bath rounding out the main floor. The lower level includes an additional bedroom and another full bath, and a spacious family room for even more room to enjoy this wonderful home. MANY recent upgrades including interior & exterior paint, new Pella Low-E double pane windows, flooring, ceiling fans, lighting, wood-burning fireplace and surround, doors and trim, retaining walls, back-up generator and roof with Class 4 high-impact shingles installed in 2021. In-floor radiant heat, tankless water heater and energy efficient upgrades earned this home a CO Energy Code Certification. Want to work from home? Starlink high-speed internet hardware is included. Enjoy the views while entertaining or just lounging on your wrap-around composite deck. 2+ acres with aspen and pine and an abundance of wildlife. Greenhouse & water tank, custom chicken coop, home warranty and snow blower are included. Septic Use Permit has been issued. Southwest facing paved driveway for easy maintenance, and within walking distance of Arapahoe National Forest. Located in the school district of some of the best schools in CO, and on a county-maintained road/school bus route so it's cleared first. 10 minutes to Aspen Park and Hwy 285, with grocery stores, restaurants and shops, and only 20 minutes to Evergreen. Visit 8852martinlane.com for more information.
| |||
| Dec 21, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017