2853 Cascade Creek Dr
About This Property
The main level's open-concept layout is filled with natural light, featuring a well-appointed kitchen with ample cabinetry that flows seamlessly into the living and dining areas - perfect for entertaining and everyday living. A dedicated main level office makes working from home effortless, giving you a quiet, private workspace without sacrificing a bedroom.
Upstairs, the generous primary suite is a true retreat, complete with a private en suite bathroom - your own sanctuary to unwind at the end of the day. Two additional well-sized bedrooms and a full shared bathroom round out the upper level, providing comfortable space for family, guests, or whatever your needs may be.
And the real hidden gem? A full 994 sq ft unfinished basement, ready for you to make it your own. Whether you envision a home theater, game room, home gym, additional bedrooms, or a private guest suite, this blank canvas offers the space and flexibility to bring your vision to life - and build instant equity in the process. The attached 2-car garage provides plenty of storage, and the low-maintenance lot is ideal for outdoor relaxation.
Located within the top-rated Boulder Valley School District and is perfectly positioned near the best of Lafayette and Louisville. Waneka Reservoir trails, local dining, and the charm of Old Town Louisville are all just minutes away.
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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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Price Decreased |
$939,500
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Apr 2, 2026 | Price Decreased |
$949,500
↓ $11K
(1.1%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed | $960,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017