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232 Highlands Dr
About This Property
Inside, this spacious 3300 square foot home features 4 plus bedrooms and 3 baths, thoughtfully designed for both everyday living and entertaining. A dramatic entry welcomes guests with soaring ceilings with an impressive sense of arrival. The open concept layout flows seamlessly into an expansive great room creating an inviting atmosphere for dining and entertaining.The open layout is filled with natural light and showcases the surrounding landscape from nearly every angle, with 10 x 40 deck for outside entertaining and enjoyment
The heart of the home is a beautifully designed gourmet kitchen with charming greenhouse window, featuring custom cabinetry, immaculate hard wood flooring elegant stone countertops and center island for meal prep and casual seating .. complimented by a generous walk in pantry, separate laundry mud room area with utility sink, built in desk w/additional house entry.
The lower walk out level offers additional recreation room area with woodstove and features 2 guest suites plus office area loaded with warmth and spaciousness offering flexibility for family and guests as the expansive views invite the outside in.
The extra wide staircase leads you to the private upper level master suite, providing a relaxing escape with its own 5 piece sparkling, spa bath w/ enormous walk in closet and exclusive balcony.
One of the Standout features is the HUGE detached garage with work shop plus additional attic space, ideal for hobbyists or outdoor enthusiasts needing space for vehicles and gear.
Whether you are enjoying quiet mornings on the deck or taking in the expansive mountain vistas. This property delivers a Colorado lifestyle at its finest.
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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 |
|---|---|---|---|
| May 15, 2026 | Listed | $947,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017