12825 Garrett Rd
About This Property
Step inside the charming ranch-style farmhouse, where you'll discover two expansive sunrooms-one facing east, perfect for savoring your morning coffee, and the other facing west, offering an ideal spot to unwind and enjoy Colorado's stunning sunsets. The home is designed with both comfort and elegance in mind, featuring a cozy living area with a fireplace, a spacious kitchen, and both informal and formal dining areas, making it perfect for gatherings and entertaining.
With three generously sized bedrooms and three well-appointed bathrooms, this home has ample space for family and guests. The primary suite serves as a true sanctuary, complete with two walk-in closets and a luxurious en-suite bathroom, providing a private retreat within the home.
For those in need of additional storage or workspace, the property includes a detached 3-bay garage with ample electrical service, as well as several sheds, offering plenty of room for hobbies or projects. A new roof installed in 2022 adds peace of mind, ensuring the home is well-prepared for the years ahead.
Located in a peaceful enclave yet conveniently close to Colorado Springs, Black Forest, and major highways, this property strikes the perfect balance between rural charm and urban convenience. Free from HOA restrictions, it offers a unique lifestyle opportunity for those who value privacy and the natural beauty of Colorado-a rare find that's hard to resist.
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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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Feb 14, 2025 | Relisted | $675,000 | |
| Relisted | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017