602 Spruce St
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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| Apr 3, 2026 | Listed | $1,095,950 | |
| Listed | |||
| Aug 17, 2025 | No longer available | - | |
| No longer available | |||
| Mar 11, 2025 | Listed | $1,250,000 | |
| Listed | |||
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In historic Red Cliff, a short drive from the winter wonderlands of Vail, Beaver Creek + Copper Mountain, this exquisite home is a fusion of rustic elegance. With radiant heat and AC, this home ensures year-round comfort across all Colorado's stunning seasons. Inside, find a sophisticated blend of materials and textures: chic plank flooring underfoot, paired with timeless exposed knotted wood beams and rich wood accents. The entryway mudroom charms with a built-in bench and dark wood doors to lend a bit of gravitas. Flow to the dining room, where a classic wood-burning stove warms the room with an authentic rustic touch. Adjacent, the modern kitchen boasts an abundance of rich wood cabinets, stainless appliances, and a stone backsplash that complements the home's aesthetic. The open layout invites natural light in, particularly in the breakfast nook that opens to the outdoors. Spacious and serene, the secondary bedrooms continue the theme of country luxury, featuring expansive closets and exposed ceiling beams. The primary suite is a true retreat, with timbered barn doors leading to a space that accommodates a quiet sitting area by the large window. The ensuite bath is a masterpiece of design, featuring dual sunken sinks, a rainfall shower, and sophisticated tile work. Outside, the backyard is a dream, complete with a hot tub, a stamped concrete patio, and a fenced area for added functionality. Surrounded by mature evergreens, the lush wooded lot offers breathtaking views of the valley from every angle-whether enjoyed from the patio, the upper-level balcony, or simply strolling through the yard, where a storage shed adds to the property's functionality. This Red Cliff residence is a masterclass in rustic elegance, providing a peaceful retreat with unparalleled access to world-class outdoor adventures. Perfect for those who appreciate the finer things in life, this home is a rare opportunity to own a piece of Colorado's storied landscape.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017