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187 Fox Ridge Dr
About This Property
Built for both luxury and ease, the property features fully paved access, a gated entry, and a true lock-and-leave lifestyle rarely found at this altitude. Natural gas (no propane), whole-home radiant floor heating, and efficient construction contribute to low utility costs, while the natural landscape requires minimal exterior maintenance. Favorable taxes further enhance the simplicity of ownership.
Inside, grand vaulted ceilings with striking exposed beams define the formal living and family rooms, anchored by a dual-sided wood-burning fireplace. The chef's kitchen is a standout, appointed with Wolf and Sub-Zero appliances, dual sink's, walk-in pantry, and seamless flow for entertaining and everyday living.
An expansive wraparound Trex deck with both covered and uncovered sections extends the living space outdoors, offering uninterrupted mountain views and an ideal setting for quiet mornings or sunset gatherings. The private primary suite serves as a true retreat, featuring a spa-inspired steam room and its own secluded deck.
The lower level is designed for relaxation and enjoyment, offering an exceptional home theater, along with a refined library/study. Four spacious bedroom suites throughout the home, each with a full ensuite bath, provide comfort and privacy for family and guests alike.
Despite its peaceful mountain setting, the home is just 15 minutes from Evergreen Lake, downtown Evergreen, and everyday conveniences including Safeway. Nearby access to the Beaver Brook Watershed Trail and Elk Meadow Park trail systems, plus local skiing at Echo Mountain just 20 minutes away, offers year-round recreation without sacrificing privacy or ease.
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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 |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$1,750,000
↓ $100K
(5.4%) | |
| Price Decreased | |||
| Sep 3, 2026 | Relisted | $1,850,000 | |
| Relisted | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Price Decreased |
$1,850,000
↓ $140K
(7%) | |
| Price Decreased | |||
| May 14, 2026 | Price Decreased |
$1,990,000
↓ $185K
(8.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017