421 Upper Larkspur 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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2024 | Listed by First Colorado Realty | $2,495,000 | |
| Listed by First Colorado Realty | |||
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Welcome to Stonehenge, a modern mountain masterpiece... Elements of timber, glass and stone harmonize with a historic High Drive residence, creating a stunning home of grace, grandeur and efficiency. Step inside to a massive greatroom with floor-to-ceiling windows that capture The Continental Divide and snow-capped peaks of Rocky Mountain National Park, perfect for your guests to enjoy while dinner is prepped in the chef's kitchen and adjacent butler's pantry, designed for the ultimate in entertaining. The greatroom flows seamlessly to the expansive concrete deck, ready for a cocktail reception and al fresco dining for 10+. When the day is waning, indulge in a spa-like primary suite, with generous shower and freestanding slipper bath, as well as those inspiring views from bed as you drift off. Two additional guest rooms and baths complete this main level. Downstairs, you'll find a self-contained guest apartment with it's own entrance and plenty of space for a night or a season. The attached garage of over 1800sf completes the package, with parking for 3 or more vehicles, including a bay for your camper van. This home features all the latest in technology and efficiency, including Span electric panels, HRV air exchange, in-floor heating and mini-splits, app-controlled heated concrete entryway, power window covers, EV charging, even a driveway chime, and so much more. To cap it off, across the 3.68-acre site you'll find the original guest cottage of 2br/2ba, perfect for extended company or onsite staff. The main residence also includes a transferable STR License with the County, already generating outstanding returns in it's first season. Experience the perfect blend of luxury, privacy, and natural beauty in this exceptional Rocky Mountain home...
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| Feb 18, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017