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16197 Paris Way
About This Property
Welcome to your dream home on 1.38 acres of Colorado beauty! This stunning 2-story residence offers the perfect blend of comfort, style, and space-inside and out. The main level boasts rich hardwood floors throughout and a bright, open-concept kitchen featuring crisp white cabinetry, a massive center island, and an eat-in dining area perfect for gathering. The cozy living room showcases a gas fireplace and elegant white plantation shutters framing views of the sprawling backyard.
Step outside to your private oasis-an entertainer's paradise with a sand pit for volleyball, cornhole, horseshoes, or simply relaxing with your toes in the sand. Enjoy evenings around the piped-in gas fire pit or unwind in the included hot tub while soaking in sweeping sunset views of the Rocky Mountains. The expansive yard also includes a 24'x36' outbuilding for all your toys, plus an 8'x12' shed ideal for lawn tools-or convert it into a charming chicken coop. Yes, you can bring your chickens, goats, or even a horse!
Upstairs, you'll find a spacious master suite with a cozy loft, a luxurious 5-piece bathroom, and an impressive walk-in closet. Three additional bedrooms offer flexibility-one features 220V power, and another includes a built-in Murphy bed that easily transforms the space from a guest room to an office. The convenient second-floor laundry room is a thoughtful touch. The unfinished basement and crawl space provide room to grow and ample storage.
A heated 4-car attached garage offers space for vehicles, recreational gear, or the ultimate man cave-just in time for football season. Bonus: this home is the perfect spot to enjoy fireworks from multiple cities, viewed right from your front and back yards.
Don't miss your chance to own this rare gem in Riverside at Todd Creek-where space, views, and lifestyle come together effortlessly!
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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 10, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Price Decreased |
$1,027,999
↓ $2K
(0.2%) | |
| Price Decreased | |||
| Jul 12, 2025 | Price Decreased |
$1,029,999
↓ $35K
(3.3%) | |
| Price Decreased | |||
| Jun 27, 2025 | Price Decreased |
$1,064,900
↓ $5K
(0.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017