1040 GCR 855 (aka Rainbow)
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Price Decreased |
$1,795,000
↓ $80K
(4.3%) | |
| Price Decreased | |||
| May 29, 2025 | Listed by LIV Sothebys International Realty- Breckenridge | $1,875,000 | |
| Listed by LIV Sothebys International Realty- Breckenridge | |||
| Jun 24, 2024 | Listed | $1,895,000 | |
| Listed | |||
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SELLER NOW OFFERING up to a $25,000 CONCESSION at closing towards rate buy down with accepted offer!! Elegant mountain retreat, immaculately maintained on 3.55 acres, boasting forever views and exceptional privacy! This is the getaway you've been seeking, high atop the Greenridge summit in the Winter Park Highlands. This home features a thoughtful floor plan with a main floor primary suite, a second main floor suite, spacious Ipe wood decks with Byers Peak views and covered Hot Springs brand hot tub. Tastefully furnished & appointed with tooled leather bar, Hunter-Douglas power blinds in Living Room, rough sawn hickory floors, 2 slate-tiled mudrooms and 4 fireplaces (2 wood-burning & 2 gas). Outside the home you'll enjoy the amazing alpine setting complete with a firepit, gazebo & grill! Seller has meticulously cleared fallen trees, replaced all deck footers and professionally landscaped. The brand new asphault drive welcomes you in through the ranch-style archway entry leading you to a 3-bay heated garage. Special features of the garage include a fully functional workshop with tons of cabinet storage/organizers and a well-equipped fitness room with inspiring mountain views. Two-zone, EuroCave wine cooler with 175 bottle capacity. Pro250 steam shower in lower bath, epic views abound of the Continental Divide, Winter Park ski area and Byers Peak. Take a drive up to 1040 Rainbow Lane and you won't want to leave, this one's a GEM!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017