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4840 Shadow Ridge 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 5, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Coldwell Banker Realty 24 | $799,999 | |
| Listed by Coldwell Banker Realty 24 | |||
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Be part of a small town tradition on "Candy Cane Lane," one of the most peaceful and private streets in The Meadows, just steps away from miles of trails and area schools. This home sits on over a quarter of an acre surrounded by a canopy of trees and a beautiful water feature. Enjoy the more than 300 days of sunshine Colorado has to offer in your choice of outdoor living areas, from the sizable covered deck, to the stamped concrete extended patio and fire pit area, and the generous front patio. Horticulturists will love the garden area and drip lines for hanging plants. Inside, an impressive foyer leads to the formal living and dining rooms. An updated kitchen features stainless steel appliances, a gas range with hood, a butcher block island, and a breakfast nook with extended cabinetry. The inviting paneled home office sits conveniently on the main level along with the powder room. Upstairs a vast primary suite basks in the privacy of the trees with a five-piece bath, and dual walk-in closets. Two more bedrooms, the laundry room, and a well-appointed second full bathroom complete the upper level. The finished basement is icing on the cake with a large recreation space, media area, wet bar, and 4th bedroom and bathroom with standing shower. Rounding out the home is ample storage in the 3-car garage and shed. This home is conveniently located near the I-25/Castle Rock Parkway interchange, Philip S. Miller Park, Miller Activity Complex, The Shops at the Promenade, and the expansive open space, trails, parks, and pools The Meadows has to offer.
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| Apr 14, 2020 | Sold | ||
| Sold | |||
| Mar 26, 2020 | Listed | $574,900 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017