240 Leons Pl
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 |
|---|---|---|---|
| May 1, 2025 | Listed | $2,100,000 | |
| Listed | |||
| Nov 6, 2024 | Price Decreased |
$2,398,000
↓ $200K
(7.7%) | |
| Price Decreased | |||
| Jul 29, 2024 | Listed | $2,598,000 | |
| Listed | |||
| | |||
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New price! Exceptional and unparalleled, this is the quintessential Colorado mountain property, with the convenience of being minutes from downtown Lyons. The distinctive topography and rugged beauty provide a sanctuary amidst impressive boulders, stunning vistas, magnificent sunrises and sunsets, and star-filled night skies. This property offers unique wildlife, complete privacy, and an all-encompassing tranquility. Thoughtful horse facilities to include a charming 5-stall barn with tack room, 2 hay barns, round pen, corral, pastures for grazing and access to miles upon miles of trails just across the road leading to National Forest. Robust foundational systems in place and geared for mountain living. This impressive 3-story log home has been lovingly cared for, maintained and upgraded through the years. 2012: new well with adjacent 2,400 gallon cistern installed and interior updating. 2015: new hot tub and deck installation. 2016: whole ranch Generac generator with dedicated 1,000 gallon buried propane tank installed. 2019: new roof and gutters, driveway resurfaced, tree removal for fire mitigation. 2022: chinking serviced. 2023: entire home, garage and barn re-stained and sealed. Additional features: 10,000 gallon cistern as back-up/fire mitigation/landscape irrigation, 3- 300 gallon cisterns inside the home, all cisterns are monitored wirelessly from inside the home. 500 gallon propane tank dedicated to servicing the home. Excellent internet connectivity with Rise Broadband or Starlink. ADT SMART monitoring home alarm system with fire detection. 3-car garage with built-in ample storage & shelving. Even more storage available in the quaint outbuildings finished with lighting and abundant shelving solutions. 10 minutes to downtown Lyons, 25 minutes to downtown Boulder, 30 minutes to Longmont or Estes Park.
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| Jun 19, 2024 | Relisted | $2,189,000 | |
| Relisted | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017