453 Castle Mountain 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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | Price Decreased |
$375,000
↓ $75K
(16.7%) | |
| Price Decreased | |||
| Sep 15, 2024 | Price Increased |
$450,000
↑ $75K
(20%) | |
| Price Increased | |||
| Jun 10, 2024 | Listed by Saddle Up Realty LLC | $375,000 | |
| Listed by Saddle Up Realty LLC | |||
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Tucked away in the central Colorado Rocky Mountains, just an hour west of Colorado Springs, this delightful 3 bd/2 ba ranch home on 3 acres is just darling! The drive in will mesmerize you with some of the most incredible countryside exploding with lush valleys, meadows, and vistas thriving with ponderosas, vibrant aspen, wildlife and wildflowers. Situated in the serene Saddle Mountain Heights subdivision in Guffey, this mountain cutie is perfect for all stages of life! The floor plan offers a terrific main living area with an open kitchen and dining area featuring stylish laminate wood flooring, abundant hickory cabinetry, gas cooking, attractive appliances, and all the comforts you could ask for! The cozy living room has just enough space for you and your loved ones, with the warmth of a genuine wood-burning stove highlighting magical moments to come. The west side houses the primary bedroom with an ensuite and walk-in closet that is spacious and inviting. Additional bedrooms and a bath to the east provide space for everything else your heart desires. Durable fiber cement siding and composite decking on the front and back decks promise years of enjoyment. Convenient RV accommodations provide extra guest space when needed. Continue using local providers to fill the 3000-gallon water cistern or consider adding a well on the Platte side of the property. Plenty of electricity-supplied storage buildings give you space for projects and 'honey dos' set against the majestic backdrop of Pike's Peak! A roomy metal garage offers shelter for all of your toys! Offered by the original owner of this once-forever mountain haven, you'll have the luxury of being the recipient of one of the most thoughtfully planned mountain destinations in the area! Plus, local access to acres of federal and state-owned land extends your backyard and exploration. If this property feels like it should be yours, come see it today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017