229 Rustic Rd
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 |
|---|---|---|---|
| Dec 19, 2025 | Listed by RE/MAX Alliance-FTC South | $995,000 | |
| Listed by RE/MAX Alliance-FTC South | |||
| Aug 16, 2025 | Price Decreased |
$995,000
↓ $55K
(5.2%) | |
| Price Decreased | |||
| Apr 5, 2025 | Listed | $1,050,000 | |
| Listed | |||
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Living in the mountains has never been sweeter. This inviting home blends comfort, charm, and adventure. The main floor features a warm living room with wood floors and expansive windows framing soaring hill views. The primary suite offers a walk-in closet, en-suite bath, and radiant heated floors to greet your toes in the morning. Upstairs are two additional bedrooms and a spacious family room, ideal for relaxing, working, or working out. The walk-out basement includes a quiet bedroom with views and a large storage/utility area.Step outside to your private retreat: soak in the hot tub under Milky Way skies, gather around the gas fire pit for stories and s'mores, or simply enjoy the peace of your surroundings. An oversized garage for small projects, plus a 962 Sq Ft heated, insulated shop with 10-foot door provide space for projects and toys. Bring your horses to graze in the lush meadow, supported by the 1/10th interest in Fry & Haskins Ditch water rights. Backed by federal land and surrounded by National Forest, wildlife is your neighbor-deer, moose, bear, and countless birds.The Poudre Canyon offers world-class fishing just across the road, while the nearby Mishawaka brings live summer music and riverside dining. Watch the rafters going by as they tempt you to join them. Red Feather Lakes, only 25 minutes away, expands your recreation choices. Skiing, hunting, hiking, kayaking, cross-country skiing, and snowshoeing are all within reach. Fort Collins is just an hour away, and Steamboat Springs-without Denver traffic-only two. A true Colorado lifestyle property, this home offers comfort, convenience, and endless outdoor adventures. Note that websites showing pricing for insurance are not represented by this broker. Buyers should contact their own insurance brokers for local information.
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| Aug 2, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017