5999 Willow Springs 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%.
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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.
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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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by Your Castle Real Estate Inc | $1,650,000 | |
| Listed by Your Castle Real Estate Inc | |||
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You can see for miles and miles...This classic brick home in coveted Willow Springs by Red Rocks Country Club is a rare find. It backs to open space and overlooks Red Rocks CC golf course, the horse stables, world renowned Red Rocks Amphitheater and has views all the way to downtown Denver and beyond. When you walk into the welcoming foyer you can turn right into the main floor office or left into the living room with a 3 sided fireplace it shares with the dining room. Family meals at the dining table might let you watch deer or other wildlife out the picture window. The rock outcroppings are so cool and the deer take advantage of the shade there. The large sunny kitchen with quartz counters and tons of storage opens onto the private patio, gardens and open space. They even used to hold small concerts in this oh, so private yard. The inviting family room with wet bar and wood-burning fireplace is right there as well. Upstairs you will find a primary suite with views and a beautiful 5 piece bathroom. As you lay in bed, you can see forever with the blinds up. Soak in the tub while watching the wildlife roam behind your house. There are three more spacious bedrooms and two more bathrooms. Great for any size family. A laundry room with storage plus a separate mud room are found between the garage and main living area. It's great for dropping off backpacks and shoes. A door to the dog run is there too. Bonus- A full unfinished basement with 9' ceilings that you can turn into anything you like. Willow Springs is a special area with over 800 acres of private open space for hiking, biking and horseback riding. The rock formations are so cool. Red Rocks Country Club with an 18 hole championship golf course, swimming pools, bars and restaurants is in the neighborhood and there are memberships available. You can drive your private golf cart to the club in minutes. Red Rocks Elem is the local school. Living here is a wonderful way of life.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017