95 W 3rd St
About This Property
Immersed in the heart of the Rocky Mountains, outdoor adventure is truly at your doorstep but without the price tag! Enjoy hiking, fishing, skiing, snowboarding, mountain biking, paddle boarding, and more year-round. What truly sets this property apart is its exceptional location, offering both convenience and immersion in nature.
Situated on a spacious corner lot, the home features a large front yard, a generous deck with scenic views and ample outdoor space to take in your stunning surroundings. A storage shed and cellar space provide additional room for gear and tools. While this home is a fixer-upper, it presents a rare opportunity to bring your dreams to life all while building equity in one of Colorado's best-kept-secret-mountain-towns! This property is great for investors or someone looking to put in some TLC and make it their own! Sold strictly as-is, this property presents a compelling value-add, short or longer term investment opportunity, in of Colorado's most supply-constrained mountain markets. Floor plans for spatial reference only, not exact.
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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