12129 State Highway 10
About This Property
Step inside the main home to experience high-end finishes, including premium Level 5 granite countertops, custom cabinets, and top-of-the-line appliances. The spacious living area is anchored by a massive 44" Acucraft Hearthroom stone fireplace, perfectly framed by a large bank of windows showcasing the stunning landscape with a Front Range Mountain Backdrop. Fisher's Peak, the Spanish Peaks, Greenhorn Mountain, and Mount Mestas, are just a few of your front-row notable peaks along the Sangre De Cristo and Wet Mountain Ranges. For added comfort and efficiency, the home features electric window blinds, strengthened security entrance doors, premium flooring, and multiple large Big Ass brand fans.
The expansive 16-foot-high walls are fortified with 5" closed-cell spray foam insulation and finished with half-green OSB and drywall for maximum durability. A versatile 1,000 sq ft open loft area overlooks the entire kitchen and living area, ideal for a pool table, office, game room, or additional bedroom, while also connecting to the shop's lofted storage area. The shop, attached to the main home, features two 12'x14' electric pull-through doors, a Timberwolf wood stove, a full bath, laundry facilities, and ample lofted storage space. Outdoors, the property offers expansive covered patios and a new 6-person Dimension One spa, providing the perfect setting for relaxation and taking in the serene mountain views. A FAA-approved helipad adds a unique touch of convenience and accessibility.
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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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| Mar 9, 2025 | Price Decreased |
$1,590,000
↓ $109K
(6.4%) | |
| Price Decreased | |||
| Jan 1, 2025 | Price Decreased |
$1,699,000
↓ $100K
(5.6%) | |
| Price Decreased | |||
| Dec 19, 2024 | Listed | $1,799,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017