5289 Fairfield Cir
About This Property
Downstairs, the finished basement offers even more room to live and entertain with a spacious rec/media room, a fourth bedroom and bathroom, a dry bar, and a large storage area. With over 2,400 finished square feet above grade and additional finished space below, this home offers versatility for multigenerational living, guests, hobbies, or a home office setup.
Outside you'll enjoy the water-wise xeriscaping, making the huge backyard both beautiful and low-maintenance. Relax on the patio and take in mountain views, or enjoy the peaceful setting across from horse pastures and open space. The oversized 4-car garage provides plenty of space for vehicles, toys, and tools.
Castlewood Ranch is known for its quiet streets, access to parks and trails, and proximity to top-rated Douglas County schools including Flagstone Elementary, Mesa Middle, and Douglas County High. With easy access to downtown Castle Rock, shopping, restaurants, and I-25, this home offers the perfect balance of tranquility and convenience.
This home is also available for $47,778 as a leasehold structure.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Price Decreased |
$899,900
↓ $30K
(3.2%) | |
| Price Decreased | |||
| Aug 22, 2025 | Price Decreased |
$929,900
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Aug 16, 2025 | Price Decreased |
$949,900
↓ $100
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017