4899 Daven Rd
About This Property
Inside, natural light pours through large windows across an open main level with a spacious kitchen that features quartz counters, a large island with seating, stainless steel appliances, and a walk in pantry. The kitchen flows into the dining area and bright living room with easy access to the backyard. A main floor office provides a dedicated work from home space, and a convenient powder bath completes this level. On the upper level, a flexible loft connects three bedrooms including a serene primary suite with mountain views, a five piece bath, and a walk in closet, plus an upper level laundry room. The finished basement adds even more versatility with a large recreation room, a private bedroom, and a full bath that works well for guests, a second office, or multi generational living. With central air conditioning, window coverings throughout, an attached two car garage, builder warranties, and access to neighborhood parks and playgrounds, this move in ready home offers Colorado lifestyle living just minutes from Bear Creek Lake Park, Soda Lakes, downtown Morrison, and Red Rocks Amphitheatre.
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Price Decreased |
$835,000
↓ $13K
(1.5%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed | $848,000 | |
| Listed | |||
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This newly built home in the Three Hills neighborhood of Morrison, Colorado offers a rare combination of modern design, a larger-than-average lot, and a fully finished basement, all set against the backdrop of Colorado's natural beauty. Situated on a 6,264 square foot lot, larger than many nearby new construction homes, the fully landscaped and fully fenced backyard is already complete, no dirt lot, no waiting, just a private, park-like setting ready to be enjoyed from day one. Inside, natural light pours through expansive windows, creating a bright and welcoming atmosphere across the open-concept main level. The kitchen is both functional and elevated, featuring quartz countertops, a large island with seating, stainless steel appliances, and a walk-in pantry, all flowing seamlessly into the dining area and living room with direct access to the backyard for easy indoor-outdoor living. A dedicated main floor office provides the perfect work-from-home setup, while a powder bath adds everyday convenience. Upstairs, a flexible loft connects three bedrooms, including a serene primary suite with mountain views, a five-piece bath, and a spacious walk-in closet, along with an upper-level laundry room for added ease. The finished basement expands the living space with a large recreation room, a private bedroom, and a full bathroom, ideal for guests, a second office, or multi-generational living. With central air conditioning and an attached two-car garage, this move-in-ready home offers peace of mind and low-maintenance living. Located in one of Morrison's most desirable communities, with access to neighborhood parks and playgrounds and just minutes from Bear Creek Lake Park, Soda Lakes, downtown Morrison, and Red Rocks Amphitheatre, this home delivers the best of Colorado living with space, style, and immediate livability.
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| Dec 13, 2025 | Price Decreased |
$848,000
↓ $22K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017