2900 Catamount Creek Rd
About This Property
A nearly one-mile private driveway leads through the property before revealing the four-bedroom residence, creating a true sense of arrival and separation. Inside, the home showcases classic Montana log construction, vaulted spaces, exposed beams, expansive windows and a substantial stone fireplace, while the wraparound deck connects the residence back to the surrounding acreage and mountain setting.
The land is what separates this property. Live water, ponds, two wells, a natural spring and irrigated pasture create a ranch setting with genuine utility, beauty and horse potential. Open meadows provide room to use the property rather than simply own acreage, while the water, privacy and surrounding landscape deliver the Colorado experience buyers come here looking for.
Additional features include underground utilities, an oversized three-car garage and no HOA.
At $3,245,000, the opportunity becomes increasingly difficult to replicate. Consider the cost of acquiring 35 acres, securing water, creating nearly a mile of private access, installing infrastructure and building almost 6,000 square feet of Montana log construction today.
The land is here. The water is here. The infrastructure is here. The privacy is already built in.
2900 Catamount Creek Road is ready for its next owner.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$3,245,000
↓ $150K
(4.4%) | |
| Price Decreased | |||
| Jul 4, 2026 | Listed | $3,395,000 | |
| Listed | |||
| Dec 1, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017