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11549 Nichols Way
About This Property
~ Complete Top-to-Bottom Modern Transformation. Magnificent 4 bed, 4-bath, 4,106 sq. ft. turnkey retreat has just undergone a comprehensive remodel. Designed for high-end modern living, it seamlessly combines soaring, vaulted structural bones with a pristine, fully updated contemporary footprint.
~ Luxury Culinary Centerpiece & Entertaining. The massive open-concept main floor great room features a spectacular wall of windows and a stately floor-to-ceiling rock fireplace. Built for entertaining, the completely reimagined gourmet kitchen showcases premium quartz countertops, an expansive layout with a double island configuration with waterfalls, high-end SS appliances, a tile backsplash and large pantry. The space flows effortlessly into a spacious dining room and onto a massive front deck with forest views.
~ Flexible, Main-Level Living. The thoughtful layout offers an ideal setup for single-level or multi-generational living. The main floor hosts luxurious primary suite complete with walk-in closet, deck/hot tub access, and a brand-new, spa-inspired 5-piece bathroom with a deep soaking tub. A private office & custom laundry room are also located on the main floor for convenient living. Upstairs features a second private primary ensuite with private viewing deck & versatile loft with forest views.
~ Premium Lower Level & Rare Peace of Mind. The fully finished 1,084 sq. ft. basement features a massive bonus room, a beautiful new bathroom, and two large bedrooms. Enjoy complete privacy with no HOA or covenant restrictions, municipal water (no well or septic hassle), a well-mitigated lot with defensible space, an oversized garage and generator hookups. Enjoy peaceful mountain living with easy access to shopping, restaurants & top-rated schools! Located just minutes from Highway 285 for an effortless Denver commute!
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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 |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$949,000
↓ $26K
(2.7%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$975,000
↓ $24K
(2.4%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed | $999,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017