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10029 Fallen Rock Rd
About This Property
Step inside to a bright, open interior filled with natural light. The inviting family room is highlighted by a dramatic vaulted A-frame ceiling that perfectly complements the mountain setting. The extensive renovation includes a new roof, new windows, updated electrical, an all-new kitchen and beautifully remodeled bathrooms, with permitted improvements throughout. A full wraparound deck extends the living space outdoors, with double sliding glass doors providing easy access and plenty of natural light.
The main house offers comfortable single-level living, while a fantastic bonus space above the garage provides the flexibility today's buyers are looking for. This spacious game room/family room opens onto a large new elevated deck-a great place to entertain, relax or take in the surrounding mountain scenery.
An oversized attached 2-car garage features extra-wide 10-foot garage doors, providing excellent space for larger vehicles, recreational equipment, toys and additional storage.
Enjoy the mountain lifestyle without sacrificing everyday convenience. The home is located within minutes of Aspen Park, the hub of the Conifer community, offering easy access to grocery shopping, restaurants, local businesses, schools and Highway 285. Outdoor enthusiasts will appreciate the abundance of nearby hiking, biking and recreation opportunities throughout the Conifer area, while Denver remains easily accessible via the Highway 285 corridor.
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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%.
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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 |
|---|---|---|---|
| Sep 28, 2026 | Listed | $839,900 | |
| Listed | |||
| Nov 4, 2025 | Listed | $524,900 | |
| Listed | |||
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Property needs to be completed. Current construction zone. Window, roof, electrical panel are all new. Property is at the studs. Property is advertised based off of future remodel...adding primary bathroom in upper garage room, expanding existing bathrooms to full bathrooms. NO heat source, adding gas/forced air would be expected. Property is on city 'natural gas'.
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| Aug 29, 2001 | Sold | ||
| Sold | |||
| Apr 18, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017