2981 Rock Cir
About This Property
Welcome to 2981 Rock Circle in Elizabeth, where wide-open skies and sweeping mountain vistas set the tone for this exceptional property on over 35 acres in Willownook Ranch.
This well-maintained home offers a spacious, functional layout ideal for everyday living, entertaining, or multi-generational use. The main level features an open-concept design with an eat-in kitchen, granite countertops, large island, under-cabinet lighting, double oven, cooktop, walk-in pantry, and included appliances. A dedicated office with built-in shelving creates the perfect work-from-home space.
The primary suite is a true retreat with private access to the wraparound deck and backyard, dual walk-in closets, and a five-piece bath. Additional main-level highlights include two more bedrooms, full bath, 1/2 bath, and a laundry room with sink and cabinetry.
The finished basement expands your living space with multiple bedrooms (including non-conforming), a full bath with dual sinks, wet bar, second stove, and abundant storage. Major systems include a newer furnace (2023), two A/C units, water softener, two water heaters, and recently cleaned ductwork.
Outside, enjoy a covered patio, fenced yard, and access to a large outbuilding/shop with RV parking and dump station-perfect for hobbies, storage, or workspace. An attached three-car garage and ample additional parking complete the package.
A rare opportunity to own acreage, functionality, and some of the best views Colorado has to offer.
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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 |
|---|---|---|---|
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$1,200,000
↓ $149K
(11.1%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$1,349,000
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Jun 15, 2026 | Price Decreased |
$1,399,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Jun 1, 2026 | Price Decreased |
$1,499,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017