425 Cimarron 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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Listed by eXp Realty, LLC | $975,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
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Welcome to your dream home in the desirable Arrowwood neighborhood! Nestled on a serene and private 2.5-acre lot, this exquisite 5,565 sq. ft. home seamlessly combines seclusion with convenience. Featuring 4 spacious bedrooms, 4 bathrooms, and an oversized 3-car garage, this property is designed for both comfort and style. Step inside and be greeted by an abundance of natural light pouring into the inviting formal living room and adjacent dining room. The entire home boasts brand-new carpeting, adding a fresh and luxurious feel throughout. The main level also features an office with French doors and a closet, making it easy to convert into a main-level bedroom if desired. Conveniently, a three-quarter bath is also located on the main level, enhancing the home's versatility. The remodeled kitchen is a chef's dream, featuring pecan cabinets, gleaming granite countertops, and stainless steel appliances, with walkout access to the backyard deck from the eat-in area. The adjacent family room, highlighted by a cozy gas fireplace, also provides direct access to the spacious backyard deck, perfect for seamless indoor-outdoor living and hosting gatherings or enjoying peaceful evenings in nature. Upstairs, the expansive primary suite awaits, complete with a charming sitting room, fireplace, and a private walkout deck. A separate wing offers three additional bedrooms and a full bathroom, ideal for accommodating family or guests. The versatile walkout basement is a haven of possibilities, featuring another full bathroom, comfortable living area with a wood-burning stove, ample storage, and a large workshop that can easily be converted into a junior suite or hobby space. Located less than five minutes from downtown Monument with convenient access to I-25 and Highway 83, this home offers the tranquility of a mountain retreat with the accessibility of city amenities. Schedule your showing today and make this oasis your dream home.
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| Dec 8, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017