29581 Falcon Ridge 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%.
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, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 12, 2024 | Relisted | $1,175,000 | |
| Relisted | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Feb 24, 2024 | Listed by Madison & Company Properties | $1,175,000 | |
| Listed by Madison & Company Properties | |||
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This wonderful home is alive with plentiful light and incredible views. True panoramic views of the mountains are yours from the southern deck and the soaring windows throughout the house. The home is advantageously nestled on a quiet cul de sac and offers a private piece of mountain paradise. Step inside to a home with the latest in design style such as the spacious kitchen with white cabinetry, large granite island with seating, and a sunny breakfast nook. The hardwood floors are beautiful, and it's all open to the vaulted and airy great room with a large gas fireplace. Step outside to the south-facing deck and take in the phenomenal views and sunsets. The layout of the home is ideal with two bedrooms, primary suite, and a loft area upstairs. The primary suite is wonderfully spacious and a true get-away with a spa-like dual vanity bathroom. Soak in the luxurious tub by the fireplace while taking in the views! The loft area makes a great office, library or play area. The lower level features an additional bedroom and cozy family room with glass doors to the exterior and additional deck. The unfinished area with gym flooring is a great place for workout equipment, big playroom or plentiful storage. There is all new carpet throughout the house. Great built-ins, main level laundry room, 3-car finished garage, and smart Ring system are other desirable features of this delightful remodeled home. Work from home with excellent high speed internet while you enjoy the scenery through the multitude of windows, most of which have new glass. You will enjoy the tranquility of this quiet location and of course, those incredible views. Morning coffee, deck-side yoga, and sunset chats with wine and good company are easily enjoyed in this private mountain haven. Just 11 minutes on paved roads to the closest restaurants, and 15 minutes to the friendly bustle of downtown Evergreen. Welcome to ideal Evergreen living!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017