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14 Borealis Way
About This Property
One of the most remarkable features of this home is the 1600 sq foot space in the lower level, complete with a full kitchen, pantry, and laundry room. Ideal for guests, elder parents, young adults, or in-home staff, the apartment walks out to a huge, covered patio, adjacent to the lawn and gardens.
This home really has it all: a convenient yet private and gated location, gorgeous views, updated interior, all in Castle Pines Village. Adjacent to open space, abundant wildlife can often be seen on the property, adding to the tranquil and serene atmosphere. Widely considered to be Colorado's premier private community, The Village features 3 swimming pool facilities, a fitness facility, pickleball and tennis courts, playgrounds, and 13 miles of walking & biking trails. The Village at Castle Pines encompasses two top-rated private golf courses and is just a 20-minute drive to DTC and 40 minutes to DIA. Don't miss out on the opportunity to own this exquisite home in one of Colorado's most sought-after communities. Call about the assumable loan at 2.9%! Schedule your showing today by calling Jessica at .
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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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed | $2,390,000 | |
| Listed | |||
| Apr 22, 2022 | Listed by Your Castle Real Estate Inc | $2,600,000 | |
| Listed by Your Castle Real Estate Inc | |||
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This home is like a jewel box, designed to showcase your art and treasures, with high ceilings, multi-level lighting, and many windows. It feels like a treehouse, nestled in a gladed forest, adjacent to an open space wildlife corridor which is regularly visited by deer, elk, and even wild turkeys! The home is situated on a quiet, premier street, conveniently located two minutes from Gate 1, which is staffed 24/7.
A few of the features that make this 5 bedroom, 5 bath house so outstanding are its many arches and high ceilings, a majestic round top imported front door, Brazilian granite throughout, imported Italian tile, teak floors, knotty alder cabinets, and tri-level lighting (rail, chandelier, and spotlights) in most rooms. The 1.3-acre property allows magnificent afternoon sun and views of the forest canyon from the home and deck. In addition, there are built-in bookshelves, four fireplaces, 2 full kitchens, Wolf and Asko appliances, and two separate furnaces and A/C units. This exquisite home includes a 1400 sq ft apartment, with a full kitchen and laundry room, that is ideal for parents, young adults, or in-home staff. The apartment walks out to a huge, covered patio, adjacent to the lawn and gardens.
This home really has it all: a convenient yet private and gated location, gorgeous views, beautiful interior, and a separate apartment, all in Castle Pines Village. Widely considered to be Colorado's premier private community, The Village features 3 swimming pool facilities, a fitness facility, pickleball, and tennis courts, playgrounds, and 13 miles of walking & biking trails. The community is gated and staffed with 24/7 emergency services. The community encompasses two top rated private golf courses and is a 20-minute drive to DTC and just 40 minutes to DIA.
3D tour, drone footage, apartment tour, and video walk thru available.
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| May 29, 2014 | Sold | ||
| Sold | |||
| Oct 18, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017