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909 Pitchfork Rd
About This Property
This newer built, mountain contemporary home has a Open Living Core with combined kitchen + dining + living areas. A higher ceiling adds to the spacious feeling when you walk inside, and the concrete floors with in-floor heating means a nice steady warm interior, even on colder days! There is a nice kitchen with spacious cupboards and room for a table or kitchen island.
The bedroom has nice windows looking out and the bathroom has a space saving walk-in shower. The utility room houses the washer, dryer, in-floor heat system, and a 1000 gallon cistern for water.
The attached garage is the same sq footage and has a propane ceiling heater. Currently it has space for one car and a full workshop. It has potential to be finished into more living space; the septic system is rated for two bedrooms. There is plenty of room to build another structure for a bigger garage/workshop.
This beautiful 4.52 acre property is fully fenced, and has the mechanism for an automatic gate opener. There is also a separate fenced area where the Seller had his trailer when he was building the house. The 9x12 barn style shed is finished with electricity,a wood floor, a wood stove and a storage loft.
Conveniently located only 5 minutes from the Trout Creek Entrance, this lovely mountain property is just 25 minutes from Buena Vista, close to all kinds of outdoor activities; fishing, hiking, hunting, rafting, exploring on bikes or ATV's. Come and take a look at a perfect getaway spot for full or part-time living!
Exterior: metal siding + wood accents (durable in snow/wind)
Interior: exposed beams, plywood or hardwood floors
Large windows for natural light and mountain views
Radiant floor heating or mini-split system
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017