6748 Black Forest Dr
About This Property
Inside, soaring vaulted ceilings, rich hardwood floors, and a dramatic wall of windows set the tone for a home that is both grand and livable. The chef's kitchen features an oversized center island, quartz countertops, custom backsplash, and stainless steel appliances - opening seamlessly to a great room built for gathering. The main-floor primary suite is a private retreat with a spa-quality ensuite bath and walk-in closet. The finished walk-out basement adds a large recreation room (pool table included), a wet bar, flexible bonus space, additional bedroom, full bath, and a custom wine cellar - with an unfinished storage area beyond.
Outside, the 30x48 custom outbuilding is fully insulated with new lighting, electrical, new paint, wall-to-ceiling insulation, and two commercial-grade smart garage door openers running front to back - ready for horses, equipment, RVs, or a serious workshop setup. The upgraded landscaping includes turf, mature trees, and a recycled asphalt driveway. Walking, ATV, and horseback trails begin right at the property line.
Just 12 scenic minutes from downtown Elizabeth, Colorado - this is luxury ranch living done right. Private, polished, and purposeful.
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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