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403 Fall River Rd
About This Property
With two flat, usable acres along the river and additional land extending into the mountainside, there is room for gardens, outdoor gathering spaces, hobbies, recreation, or simply more space to enjoy the Colorado outdoors.
Inside, the home feels comfortable and relaxed with an open living and dining area, wood stove, updated kitchen and bath, and enclosed patio. A detached garage offers space for projects and gear, while finished accessory space above adds flexibility.
Beyond the property, the Colorado mountains become part of everyday life. Downtown Idaho Springs and I-70 are just minutes away, with local restaurants, breweries, boutiques, and endless outdoor activities within easy reach. Raft Clear Creek, relax at Indian Hot Springs, experience the Mighty Argo Cable Car, or hike the iconic St. Mary's Glacier Trail. Explore nearby hiking and ATV trails, experience world-class mountain biking at Virginia Canyon Mountain Park, or head toward Mount Blue Sky and the surrounding national forests for more high-country adventure.
When winter arrives, Loveland Ski Area is 30 minutes away, with Summit County's world-class ski resorts just beyond. Less than an hour from Denver, you don't have to choose between room to spread out and staying connected. Come home to the sound of Fall River, space to imagine what's next, and a piece of the Colorado mountains that feels entirely your own.
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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 | Relisted | $585,000 | |
| Relisted | |||
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Relisted | $585,000 | |
| Relisted | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Listed | $585,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017