2701 Fall River Rd
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed | $2,750,000 | |
| Listed | |||
| |||
|
Astounding panoramic mountain views pour through every window of this extraordinary 12-acre hillside estate, perched high on the sunny south-facing slopes of McGregor Mountain and bordering Rocky Mountain National Park to the north.Just one mile from the Fall River entrance, this is a rare opportunity to own a generational property where privacy, scale, and proximity to RMNP align in remarkable fashion.Recently expanded and extensively remodeled, the home offers generous living spaces and a canvas ready for your final vision. High-quality construction and curated features include a sauna, multiple steam showers, motorized blinds, bespoke fixtures, and a Hartley Botanicals greenhouse - all set against sweeping views into RMNP and the Estes Valley.The upper level is designed for gathering, with multiple dining areas and a well-appointed kitchen anchored by a massive commercial Wolf gas range. Step outside to the newly completed rooftop deck with composite decking and iron railings, where panoramic views and mountain air create an unforgettable outdoor living experience.The lower-level addition opens the door to even more possibility, with space planned for a home theater, family room, additional bedroom and bath, and a 31' x 42' attached 3-car garage, all awaiting your finishing touches.With coveted A-1 zoning, the potential extends far beyond the home itself. Short-term rental licensing may be applied for without restriction to the typical waiting list or cap (buyer to verify with Larimer County). Explore opportunities for permitted uses by zoning for additional residences, cabins, or income-producing uses. Existing plans support conversion of the 28' x 50' detached barn/garage/workshop into a separate living space or barndominium or just stuff it full of your toys! Private, expansive, and filled with possibility - yet just yards from RMNP and a couple minutes from town - this is a mountain estate where vision meets reality.
| |||
| Jan 14, 2026 | Price Decreased |
$2,600,000
↓ $249K
(8.7%) | |
| Price Decreased | |||
| Oct 29, 2025 | Price Decreased |
$2,849,000
↓ $450K
(13.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017