8025 S Wagon Wheel Rd
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 15, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed | $1,150,000 | |
| Listed | |||
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If you've been waiting for that unmistakeable "this is the one" feeling, this might be it. Welcome to this bright, light filled and beautifully updated 4-bedroom home in Morrison, where vaulted ceilings, skylights, and wide-open living spaces make everything feel just a little more elevated. The gleaming wood floors, elegant travertine tile, in-floor heat, and temperature controlled pellet fireplace create a warm, inviting atmosphere. The thoughtfully designed kitchen features quartz countertops, custom cabinetry with pull-out drawers, and newer Frigidaire Gallery and Bosch appliances, perfectly tailored for both everyday living and effortless entertaining. Downstairs, the basement is ready for game days, movie nights, or hosting friends, complete with a high-end custom wet bar, making it an entertainer's dream. Outside is where this property really shines. Two fully fenced acres give you room to breathe, let the dogs run, and actually enjoy the tranquil space and peaceful mountain living. A powered gate adds privacy, while the oversized deck and expansive patio set the stage for everything from morning coffee to summer happy hours. The freshly paved south facing circular driveway is positioned for easy access year round. Wrapped in durable James Hardie siding and surrounded by professional landscaping, this home is as low maintenance as mountain living gets. All of this just 15 minutes to town or Red Rocks Amphitheatre and 30 min to downtown Denver, but far enough away to actually enjoy the quiet. Homes like this don't come around often. Come take a look... just be prepared to stay awhile.
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| May 31, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017