269 Eldorado Springs 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%.
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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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Listed | $390,000 | |
| Listed | |||
| Jul 31, 2024 | Listed by LIV Sotheby's International Realty | $575,000 | |
| Listed by LIV Sotheby's International Realty | |||
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Perched high on the hillside of Eldorado Springs, this unique home is a must-see! Originally built in 1907 as a cabin, the living room retains its historic charm, while the rest of the house was expanded in 1950. A detached studio behind the home is perfect for various needs and features a large storage closet. The breathtaking views of the surrounding mountains and valley are sure to impress. This 2-bedroom, 1-bathroom home is ideal for the serious mountain sport enthusiast. Enjoy the expansive 231 square foot deck from sunrise to sunset. The property is serviced by Eldorado water and backs onto Eldorado Canyon State Park, ensuring privacy and natural beauty. Accessible only by foot, the location is secluded yet convenient to enjoy the outdoors, situated across from the Eldorado Springs pool and just down the street from the entrance to Eldorado Canyon State Park. Interested in having 2 homes or a rental property? The home next door to the east, 265 Eldorado Springs Drive is also for sale, MLS #1015287.
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| Jan 22, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017