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15740 Sandtrap Way
About This Property
* Over 800 acres of private trails for hiking, biking, snow shoeing and cross-country skiing
* Community playgrounds and open space with picnic areas
* Proximity to Red Rocks Country Club for golf, swimming, and fine dining
The perfect combination of cul-de-sac living on the golf course, surrounded by the serenity and beauty of the red rocks and foothills, while being close to all the amenities you'll ever need, is waiting for you to call this home!
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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 |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | Price Decreased |
$795,000
↓ $103K
(11.5%) | |
| Price Decreased | |||
| Jul 26, 2025 | Price Increased |
$898,000
↑ $103K
(13%) | |
| Price Increased | |||
| Apr 10, 2025 | Listed | $795,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017