801 Ballantine Rd
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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 |
|---|---|---|---|
| Mar 14, 2025 | Listed by RE/MAX Professionals | $979,500 | |
| Listed by RE/MAX Professionals | |||
| Jun 27, 2024 | Price Decreased |
$998,600
↓ $41K
(4%) | |
| Price Decreased | |||
| Jun 13, 2024 | Price Decreased |
$1,040,000
↓ $60K
(5.5%) | |
| Price Decreased | |||
| May 29, 2024 | Listed | $1,100,000 | |
| Listed | |||
| | |||
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Huge Price Cut, call to schedule your showing and don't let this one get away! Welcome to your 1-acre mountain sanctuary, with 3,301 square feet total of finished space including the workshop/clubhouse. The separate heated/powered building is perfect for your home based business, set up a private gym, run a home school pod, teach classes, ideal for woodworkers and more, plus RV parking beside the building. Close to Lookout Mtn Nature Center and Beaver Brook Trail, this is a desirable location for outdoor recreation. You'll love cooking in the remodeled kitchen with large island, quartz counters and KitchenAid appliance suite including double-oven and wine fridge. Don't miss the extended pantry around the corner. A beautiful Picture Window was added to the primary bedroom, Swedish finish wood floors warm the main level, plus fresh paint inside and out. Special features include a restained 500sf IPE wood deck plumbed with gas and water, finished walk-out basement to your gorgeous garden with night twinkle lights, a septic system with 2 leachfields (costly upgrade), new gas fireplace, and Kolbe double-pane windows that fill the home with light. You'll appreciate the newer tankless water heater and evaporative cooling, this home saves on utilities. Don't miss the accessory building with epoxy floors on the main level, heated and powered with an Arcade, movie projector, woodworking studio with ductwork for dust collector evac system, plus an upstairs Art Studio that doubles as a bunk room, ~1300 additional SF. The sellers have hosted overnight guests in the clubhouse, bring your imagination to this flex space. Large fenced pet yard and thoughtful fire mitigation completed by the owners. Located on a bus route with plowed roads, just 2 easy miles to I-70 for access to ski slopes or a short drive to Denver. 8 minutes to the Evergreen Walmart/Home Depot, 15 minutes to CO Mills Mall in Golden, this property offers a mountain retreat with great access to conveniences.
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| Feb 5, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017