40
Map
840 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 |
|---|---|---|---|
| Apr 20, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Listed | $560,000 | |
| Listed | |||
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Perfect opportunity for a short-term or long-term rental investment! This beautiful mountain contemporary home is being offered fully furnished and turn-key, including dishes, washer and dryer, wet bar with custom wood bar, mini refrigerator, and even a Murphy bed-making it ready to enjoy or rent immediately.
Inside, you'll love the open living, kitchen, and dining area designed to capture massive panoramic views of the Collegiate Peaks and Buffalo Peaks through large windows. The kitchen features updated stainless steel appliances, a spacious pantry, modern lighting fixtures, and ceiling fans throughout. The spacious primary suite offers a large attached bathroom with a soaking tub, double sinks, full bath, and walk-in closet.
Step outside onto the composite decking to soak in the clean mountain air, incredible views, and the peaceful setting among tall pine trees. Outdoor lighting and cozy fireplaces create the perfect atmosphere for relaxing or entertaining, while local wildlife frequently visits the property.
Additional highlights include an attached garage plus a finished oversized detached garage, providing plenty of space for vehicles, storage, or hobbies. The home also features passive solar benefits and has been meticulously maintained, showing extremely clean and move-in ready.
Located in a community offering horse facilities and convenient trash service at the entrance to the subdivision, this property is ideal as a full-time residence, mountain getaway, or income-producing rental.
Come experience comfortable Colorado mountain living with unforgettable views.
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| Mar 20, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed | $487,500 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017