31366 Burn Ln
About This Property
This is not your typical remodel. The home's quality construction shines through every detail. Step inside to find exquisite hardwood flooring spanning the main level - a rare treasure in today's market that adds warmth and character to every room. The great room commands attention with its floor-to-ceiling fireplace, while tons of windows bathe the space in natural light. A sweeping staircase creates dramatic flair, leading to the primary suite retreat where relaxation takes center stage. You will also find a secondary ensuite and two additional bedrooms and a full bathroom to share. The versatile lower-level study can easily function as an additional bedroom. Whether you're working from home or hosting guests, this flexible space adapts to your needs.
Outside, the property comes with a fenced yard - a grandfathered feature that's rare in The Ridge! The outdoor area features flagstone patios and redwood decking! Whether inside or outside , both become your personal sanctuary for entertaining or simply soaking in Colorado's stunning scenery including views of Bergen Peak!
This exceptional property places you minutes from hiking trails with Evergreen Lake nearby for year-round recreation.The convenience of shopping and restaurants keeps mountain living practical, while the Evergreen Park and Recreation District adds community amenities just minutes away.
Remodeled right down to the windows and screens!
This isn't just a house - it's your gateway to the Colorado lifestyle you've been dreaming about.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Price Decreased |
$1,529,000
↓ $46K
(2.9%) | |
| Price Decreased | |||
| Sep 19, 2025 | Price Decreased |
$1,575,000
↓ $20K
(1.3%) | |
| Price Decreased | |||
| Aug 17, 2025 | Price Increased |
$1,595,000
↑ $66K
(4.3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017