2585 Mohawk Way
About This Property
Tucked at the end of a private driveway, this beautifully maintained 3-bedroom, 3-bath ranch home offers over 3,270 square feet of living space, including a finished walkout basement, usable acreage, and a layout designed for both comfort and functionality.
Inside, you'll find bright, inviting main-floor living. The kitchen is thoughtfully designed with granite countertops, a center island, and a pantry. The adjacent breakfast nook opens to a composite deck. The main level also features a formal dining room and a welcoming living room with vaulted ceilings and a fireplace, creating a warm and comfortable gathering space.
The primary suite provides a relaxing retreat with a remodeled en-suite bath, featuring an oversized walk-in shower, dual vanities, and double closets. Two additional bedrooms, a full bath, and main-floor laundry complete the main level.
Downstairs, the finished walkout basement offers incredible flexibility with a second fireplace, a full bath, and space for a home gym, office, media room, or multi-generational living. Large windows bring in great natural light.
Step outside to enjoy the stamped concrete patio, private hot tub, mature trees, and fully usable, fenced acreage - ideal for both horses and pets.
This property is equestrian-ready, featuring:
A 1,000+ sq ft barn with water and electricity
Two 12x12 stalls with rubber mats and feeders
Four gated, cross-fenced pastures
Four water spigots (three in pastures, one at the barn)
Zoned for up to 4 horses
Additional updates include a newer roof, furnace, water heater, and fiber optic internet.
Located just minutes from Monument's shopping and dining, District 38 schools, and with quick access to I-25, this home offers the perfect balance of privacy, usability, and convenience.
2585 Mohawk Way is a rare opportunity to own a move-in-ready horse property with space to live, work, and enjoy the Colorado lifestyle.
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Cap Rate Calculator
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 6, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed | $875,000 | |
| Listed | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Price Decreased |
$875,000
↓ $25K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017