50
Map
127 Granite Way
About This Property
The property is south-facing for easy snow removal and natural warmth year-round. There is an abundance of elk, deer, foxes and more walking the property almost daily.
Inside, three Mendota fireplaces anchor the great room, living room, and office. Wolf appliances and a five-burner range serve the kitchen, with two sinks and a full prep area. Heated floors run through the family rom and in the oversized three-car garage. Entire home has duel pane Low-E Anderson windows, as well as 2 Low-E Skylights, one with an electric blind, Brazilian hardwood decking, large back patio and private gazebo.
The basement is perfect for a finishing into a mother-in-law suite with additional space to continue building it out if desired - currently being used as a recreation area
Class IV impact resistant shingles and fire-resistant underlayment was installed in September 2026. The steel siding is fire-resistant and the entire lot is meticulously fire-mitigated with permits, as is the Forest Service land directly behind it. A 10-gallon-per-minute private well, whole-home natural gas back-up generator, public sewer, and additional off-street parking complete the package. Gazebo and water feature off of back patio.
Five miles to groceries, restaurants, Evergreen Lake, golf, schools and word-class hiking & biking trails. Thirty miles to Denver, and less than 60 miles to world-renown ski resorts within easy reach.
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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 10, 2026 | Price Decreased |
$1,850,000
↓ $75K
(3.9%) | |
| Price Decreased | |||
| Jul 18, 2026 | Price Decreased |
$1,925,000
↓ $25K
(1.3%) | |
| Price Decreased | |||
| May 19, 2026 | Listed | $1,950,000 | |
| Listed | |||
| Oct 2, 2025 | No longer available | - | |
| No longer available | |||
| Jun 18, 2025 | Price Decreased |
$2,000,000
↓ $150K
(7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017