50
Map
8477 Drew Hill Rd
About This Property
The land features a diverse mix of ponderosa pine, lodgepole pine, spruce, and aspen, creating both visual character and functional habitat. A year-round meandering creek runs through the full length of the property, supporting local wildlife and enhancing the overall landscape. Mule deer, elk, moose, wild turkey, and black bear are regularly observed on the property, underscoring the property's strong wildlife presence. Internal 4x4 trails have been established throughout the property, allowing for efficient navigation and recreation across the acreage.
This custom-built log home, constructed from Engelmann spruce, is highlighted by a prominent king truss design that defines the main living space. The home includes three bedrooms and three bathrooms, along with a large loft area open to the main level. A wraparound porch and covered porch with skylights create multiple areas to enjoy the peaceful mountain setting. The interior features approximately 30-foot ceilings, oak flooring, giant picture windows, and a stone fireplace that anchors the home. Radiant in-floor heating provides consistent comfort throughout the house, with four total fireplaces for added ambiance and coziness. A large 2200+ sq ft basement offers the opportunity to add bedrooms while still maintaining room for hobbies and additional storage.
The matching detached garage provides additional storage and includes an upper level suitable for future use as a studio, guest quarters, or hobby area. Positioned approximately 30 minutes from the Denver metro area, this property offers a balance of accessibility and seclusion in a highly desirable foothills location.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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