903 Aspen Dr
About This Property
space. | Newer On Demand tankless hot water heater (2019) and furnace (2016).| Fabulous outdoor space that includes an adobe fireplace, a patio with retractable awning in an enclosed courtyard, propane gas line connection for a gas grill, and a hot tub pad already wired for 220. | A great work-from-home option with high-speed internet and bedrooms perfect to convert into offices.| Options for Internet include Starlink Roaming and Centurylink DSL Service. This house is wired Cat5e with 2 cable runs to the living room and 1 cable run to each bedroom. | Rest easy knowing this home is ready for any power outage! A Generac 15000 Watt Generator on natural gas with propane backup and a hand pump backup for the well! | OPPORTUNITY KNOCKS for those ready to
embrace the mountain lifestyle! Come take a look!
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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 |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | Listed by Bergen Peak Realty | $585,000 | |
| Listed by Bergen Peak Realty | |||
| | |||
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This meticulously crafted single-family residence at 903 Aspen Drive represents a unique single level living opportunity in the desirable Bailey, Colorado market. Encompassing 1,600 square feet, this home features 3 well-appointed bedrooms and 2 full bathrooms, designed for both comfort and functionality. The property is strategically positioned to offer breathtaking anow-capped views of the surrounding mountains and forests, enhancing its appeal as a serene retreat.
Upon entering, prospective buyers will appreciate the vaulted ceilings and natural light that illuminate the foyer and living areas. The spacious living room, equipped with a wood stove and ceiling fan, provides an inviting atmosphere for relaxation. The adjacent dining area, complements the well-designed kitchen, which features stainless steel appliances and a peninsula for added convenience. Each bedroom is designed with vaulted ceilings and ample natural light, contributing to a spacious feel throughout the home.
Outdoor living is equally impressive, with a deck and patio that provide a perfect setting for entertaining or enjoying the tranquil surroundings. The fenced backyard ensures privacy, while the attached garage offers practical parking solutions. This property is ideally located near local amenities and outdoor recreational opportunities, making it a compelling choice for discerning buyers seeking a harmonious blend of luxury and nature.
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| Oct 30, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2023 | Listed | $548,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017