44
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417 Witter Gulch 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 |
|---|---|---|---|
| Aug 28, 2026 | No longer available | - | |
| No longer available | |||
| Aug 28, 2026 | Listed | $1,595,000 | |
| Listed | |||
| May 22, 2026 | Listed | $1,595,000 | |
| Listed | |||
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Tucked among the pines in one of Evergreen's most scenic settings, 417 Witter Gulch Road is the type of mountain property that immediately leaves an impression. Towering walls of glass, soaring timber-frame architecture, massive log beams, and a dramatic river rock fireplace create a setting that feels both grand and inviting.
Thoughtfully updated throughout, the home blends timeless Colorado mountain character with extensive modern improvements including new appliances, new hardwood flooring, new windows, a new boiler system, new roof (2023), new interior paint and an expanded walk-in closet in the primary suite. Floor-to-ceiling windows flood the spectacular great room with natural light, while the open-concept layout creates seamless flow between the living, dining, and entertaining spaces.
The refreshed kitchen features updated cabinetry, granite countertops, newer stainless-steel appliances including dual dishwashers, generous prep space, and an oversized dining room designed for entertaining. Upstairs, the primary suite offers vaulted ceilings, a beautiful spa-inspired bath, and expanded closet space. Three additional bedrooms, flexible gathering areas, the ability to add a roof-top deck or expand the upper level footprint along with substantial lower-level bonus space provide ideal accommodations for fitness, storage, recreation or remote work.
The garage offers room for 4 cars, is fully heated and offers a great workshop with built-ins plus there is expansive on-site parking on the sweeping circular drive. Expansive outdoor living areas and peaceful forested surroundings complete the experience, offering a rare combination of dramatic architecture, meaningful upgrades, privacy, and livability just minutes from downtown Evergreen. One of the lowest price-per-foot listing in all of Evergreen, this home is priced to sell just under $1.6 million. Full price offer includes a snow blower, extension ladders and all of the gym equipment (exc Pilates table)
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| Oct 24, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | Listed | $1,400,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017