350 Fourmile Canyon 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 |
|---|---|---|---|
| Sep 6, 2024 | Price Decreased |
$1,099,000
↓ $60K
(5.2%) | |
| Price Decreased | |||
| Aug 5, 2024 | Listed | $1,159,000 | |
| Listed | |||
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This mountain retreat, just 5 minutes from downtown Boulder with easy road access, has had $100,000 in upgrades in the past two years (new roof, new boiler, radon mitigation system and freshly painted interior). This unique 3-bed/3-bath home offers the perfect blend of serene mountain living and modern convenience. Situated on 7+ forested acres, this home is tucked into the mountainside. Step onto the large southwest-facing deck off the living room and soak in the sunshine while listening to the seasonal stream that runs alongside the house after rains or snow melts. You can also hear Fourmile Creek just across the road providing a soothing soundtrack to your mountain lifestyle. Inside, an open floor plan awaits, highlighted by a cozy gas fireplace. The main level features a primary ensuite bedroom, second bedroom, full bathroom, kitchen, dining room and small office, offering space for both relaxation and productivity. High ceilings and large windows create an airy atmosphere. The chef's kitchen boasts cherry cabinets and modern appliances, perfect for preparing delicious meals to enjoy in the separate dining room or al fresco on the deck. Internet access ensures you stay connected while surrounded by nature. Downstairs the lower level offers a den with an entertainment bar, third bedroom and full bath, ideal for guests or family members. Plenty of storage ensures room for all your gear. The yard was professionally landscaped with perennials, several fruit trees and sprinkler system. A 2-car attached garage offers convenient parking and storage.
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| Jul 18, 2024 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Jun 27, 2024 | Price Decreased |
$1,200,000
↓ $25K
(2%) | |
| Price Decreased | |||
| Jun 15, 2024 | Price Decreased |
$1,225,000
↓ $30K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017