3039 Newfound Lake Rd
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 |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | No longer available | - | |
| No longer available | |||
| Mar 9, 2026 | Listed | $780,000 | |
| Listed | |||
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Welcome to Toll Brothers at Heron Lakes, where luxury living meets Colorado's premier PGA rated TPC golf experience. This beautifully designed Whitley Modern Ranch sits on a coveted lot backing directly to open space, offering privacy, and effortless access to miles of recreation. Inside, the home centers around a warm and inviting great room with a sleek gas fireplace and a large sliding door that opens to the expanded covered patio-perfect for year round indoor/outdoor living. The gourmet kitchen is a showpiece, featuring KitchenAid appliances, an enlarged island, and designer finishes selected by the Toll Brothers professional design team. The primary suite is a true retreat, highlighted by a spa inspired Shower with frameless glass and dual shower heads. A full unfinished basement with rough in plumbing offers exceptional storage or future expansion potential. This low maintenance, lock and leave home includes front yard landscaping and snow removal through the HOA. Residents enjoy world class amenities: a resort style pool, fitness center and studio, clubhouse, restaurant, miles of trails, plus access to fishing and boating on the community lakes. This is Colorado living at its finest-luxury, recreation, and the unmatched lifestyle of Heron Lakes.
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| Feb 24, 2026 | Price Decreased |
$780,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017