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6170 Falcon Ln
About This Property
Designed for exceptional main-floor living, this residence features two bedrooms on the main level, including a luxurious primary suite with a five-piece bath, heated shower bench, soaking tub, and refined stone finishes. A second main-floor suite provides ideal accommodations for guests or multigenerational living. The main-floor office includes extensive built-ins. Clear Alder Wood for the Doors and Window Trim.
The living room includes a striking Telluride stone fireplace and flows seamlessly into the chef's kitchen, designed for both everyday living and entertaining. Large sliding doors open to the Ipe Brazilian hardwood deck with built-in fireplace - a spectacular vantage point for sunset views and quiet Colorado evenings. Heated Turkish Travertine flooring, beautiful Ash wood stairs, and an 8-zone radiant heat system reflect the thoughtful craftsmanship throughout the home. The finished walk-out level expands the entertaining space with a substantial wet bar featuring cement countertops, a second stone fireplace, two additional bedrooms, and a 3/4 bath with steam shower. Step outside to the lower patio and hot tub. A secure safe room with dedicated wine storage adds both function and peace of mind. Car enthusiasts will appreciate the oversized four-car garage plus an additional 500-square-foot bonus space above. Falcon Ridge consists of just 26 custom residences and offers direct access to over 800 acres of private Willow Springs open space. Residents enjoy golf cart access to Red Rocks Country Club featuring championship golf, dining, and pool amenities. A rare opportunity to own one of the most elevated and private settings in Willow Springs.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017