3580 Backbone 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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by Redfin Corporation | $2,500,000 | |
| Listed by Redfin Corporation | |||
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Turn your dreams into a reality with this stunning Hidden Valley Estates home on over 3-acres of land with incredible mountain views! Surrounded by endless natural beauty, this custom-built home has been thoughtfully designed with high-quality workmanship, offering unbeatable indoor/outdoor living capability with an ideal layout. You'll fall in love with the frequent wildlife visitors. Open the stained glass door to find a sprawling open concept layout accented by an abundance of natural sunlight streaming in from vast doors and windows showcasing the magnificent views that will simply take your breath away. The kitchen is sure to delight the home chef with its expansive center island with one-of-a-kind granite countertops, ample warm wood cabinetry, quality appliances, and the most impressive walk-in pantry with a built-in ladder to store all your kitchen essentials. If desired, the primary retreat can be closed off to have its own private office. The exquisite primary boasts a in-wall fireplace, elegant en-suite, and private door to the wrap-around patio - a perfect haven to relax after a long day. Another main-level bedroom with attached bath is great for guests' privacy. Find three additional bedrooms in the basement, along with a walk-out family room with kitchenette. The entire basement would make a great multi-generational suite. New extensive landscaping including a dry riverbed, new stone, and landscaped berm along the driveway and front lawn. Grey water system installed, built-in sprinters, and fire mitigated gives this home extra peace of mind. Located in the gated Hidden Valley Estates community, this well-maintained and managed showstopper home seems remote as it sits perfectly surrounded by open space, yet it's conveniently close to the city. Outdoor enthusiasts will love the close proximity to bike, horse and hiking trails to easily enjoy Colorado's great outdoors. Welcome Home!
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| Jan 19, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017