1601 Colorado River Dr
About This Property
As you enter through the front door, you're greeted by a versatile flex room, perfect as a home office, playroom, or formal sitting room. Continue into the open-concept kitchen, living, and dining area, ideal for both everyday living and entertaining. The kitchen features sleek quartz countertops, a gas stove, stainless steel appliances (all included), and a convenient mudroom and pantry just off the garage entry. A main-floor half bath adds extra functionality for guests.
Upstairs, the spacious primary suite is a true retreat with a double-sink vanity, tile shower, private water closet, and an oversized walk-in closet. The upper level also includes a large loft for extra hangout or workspace, a dedicated laundry room with washer and dryer included, and three additional bedrooms that share a full bath. Whether you're hosting friends or enjoying quiet evenings in, the Chatfield delivers the space and flexibility to fit your lifestyle.
This home is move-in ready with all blinds included and a prime lot that backs to a greenbelt, with the rear property line fence already complete. Meritage Homes is known for quality construction, innovative design, and exceptional energy efficiency, thanks to features like advanced spray foam insulation.
Nestled in the heart of Windsor, Poudre Heights offers the perfect balance of small-town charm and modern convenience. Enjoy nearby parks like Eastman Park and Windsor West Park for outdoor fun. Shop and dine at The Promenade Shops at Centerra or Windsor Town Center, just minutes away. Whether you're planning a family outing, a date night, or a quick errand run, everything you need is right around the corner!
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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 |
|---|---|---|---|
| Aug 11, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 16, 2026 | Price Decreased |
$535,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$540,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017