290 Elk Ridge Ln
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed | $3,250,000 | |
| Listed | |||
| Sep 7, 2023 | Listed | $3,500,000 | |
| Listed | |||
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LISTING AGREEMENT STILL IN PLACE DO NOT REACH OUT TO SELLERS. CALL LISTING AGENT WITH ANY QUESTIONS. A sophisticated blend of traditional Rocky Mountain design elements merges with contemporary interior design in this Boulder Heights home poised on 3.9 acres on a cul-de-sac. Fully renovated, an entirely bespoke build-out is showcased with custom finishes and features throughout. Reminiscent of a rustic mountain cabin, a cedar exterior modernized by black framed windows is set against sprawling views of Long's Peak and the Arapahoes. Residents are ushered into an open floorplan with the flexibility to pivot from a three-bedroom with a den and home office to a full five-bedroom, five-bathroom layout. Gorgeous finishes throughout include custom-milled interior wood siding and hand-dressed local sandstone. A detached guest house offers a private escape for visitors with a kitchen, living area, bedroom, bathroom and a patio.Peaceful mountain living and bustling city life converge on this private lot, with national forest and nature trails right outside the front door. Coveted city amenities are easily within reach, with Broadway and rapidly developing North Boulder located just 7 minutes away from Broadway, 10 min to Foothill Elem and 15 mins to downtown, schools and Whole Foods just 15 minutes away. This home is protected by three fire stations and is a Certified Wildfire Partners property. Surrounding streets are plowed by the county for convenience.
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| Nov 17, 2015 | Sold | ||
| Sold | |||
| Apr 6, 2015 | Listed | $1,095,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017