37
Map
150 Cedar Road
About This Property
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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 |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed | $575,000 | |
| Listed | |||
| | |||
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**Showings start April 11th** Views that stop you in your tracks. Land you can actually use. Upgrades that let you breathe easy. This Evergreen property delivers all three, set on a private 1-acre corner lot with sweeping mountain and city views that remind you why you chose the foothills in the first place. The big-ticket items are already handled, including a new metal roof (2022) with full ice barrier and 35-year warranty, new Champion double-pane windows and patio door, and a new hot water heater (2025), plus a chimney that was inspected and cleaned just one year ago. Inside, thoughtful touches like wood floors and crown molding add a layer of warmth and finish that elevates the space beyond your typical mountain home, while a large, lined crawlspace gives you the kind of storage that is hard to come by in the foothills. Step outside and the lifestyle really opens up with a charming chicken coop, a versatile workshop with carport and 220V power, a greenhouse structure ready for a fresh cover, and a dedicated hot tub landing pad already wired with 220V so you can soak under the stars without the extra work. From a diligence standpoint, you are in great shape with the septic pumped, inspected, and a current use permit available in the supplements, and even Pinecone Insurance confirming reinsurability. The location ties it all together, just minutes from Maxwell Falls, Evergreen Lake, Red Rocks Amphitheatre, Cub Creek Trail, and Flying J Ranch Park, plus all the charm of downtown Evergreen just down the road. This is not just a home, it is a foothills setup that actually works for how you want to live.
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| Aug 30, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 2, 2025 | Price Decreased |
$599,000
↓ $21K
(3.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017