2159 Indian Balsam Dr
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 |
|---|---|---|---|
| Nov 13, 2025 | Listed | $625,000 | |
| Listed | |||
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Welcome home to this modern ranch offering a smart blend of comfort, style, and thoughtful design. A finished full basement with 9' ceilings, and a bathroom allowance for future customization, extends your living space with a large family room, a huge versatile rec area, a bonus storage room, and a generous mechanical/storage space already roughed in so adding a third bathroom is straightforward. This open floor plan welcomes you from the covered front porch into a bright, sun-drenched interior with high ceilings. Laminate plank flooring guides you from the entry into the kitchen, dining area, and inviting Great Room anchored by a contemporary fireplace with an elongated electric insert framed by floor-to-ceiling soft-gray stacked tile. The chef's kitchen boasts a large island, stainless steel appliances including a gas cooktop, solid quartz counters, white cabinetry with crown molding, and a corner pantry. Breakfast bar seating and the sunny dining area create an ideal setting for everyday meals or entertaining. The spacious primary suite is tucked away from the secondary bedrooms and features a private 3/4 bath with double vanities, tile flooring, and a large walk-in closet. 3 additional bedrooms, a full bath, and a laundry room complete the main level. Well-equipped from practical to luxurious, the home includes a smart home package with connected locks, security, and thermostat; a tankless water heater; radon system; and central air. The landscaped, low-maintenance backyard features xeriscape touches, astro turf, foothill views, a covered patio, and an additional open patio, ideal for relaxing or entertaining. The oversized 2 car garage is partially drywalled and has natural light. Willow Springs Ranch offers trails, playgrounds, and more than 100 acres of protected open space, all just minutes from Monument's shops, dining, and award-winning Lewis-Palmer schools, with quick access to I-25.
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| Sep 26, 2025 | No longer available | - | |
| No longer available | |||
| Jul 11, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| May 2, 2025 | Price Decreased |
$675,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Mar 27, 2025 | Price Decreased |
$695,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017