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About This Property
As you step inside, be greeted by an open concept living space adorned with vaulted ceilings that bathe the area in natural light. The newly updated kitchen is a highlight, boasting elegant granite countertops and a gas stove, perfect for culinary enthusiasts and gatherings with loved ones. Enjoy your morning coffee on the lovely screened in patio and cozy up to the fireplace, or step outside on the lovely deck on warmer days.
The main floor of this delightful home also accommodates the primary suite, complete with a five-piece bath for a spa-like experience. There's also an additional bedroom, an office, and another bathroom on this level, ensuring comfort and convenience.
Head downstairs to discover a huge living space with walk-out access to a covered patio and the amazing yard, three more cozy bedrooms (one non-conforming), and a den area currently serving as a playroom. The lower level provides generous room for both relaxation and entertainment.
Outside, this expansive lot offers boundless potential for gardening, recreation, and relishing the serene Colorado scenery. Delight in outdoor gatherings beneath the charming gazebo, with additional space designed for hosting.
You'll relish the peaceful neighborhood vibe while remaining close to the area's amenities and attractions. 8861 Marathon Road offers a perfect balance of comfort, style, and outdoor space.
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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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by Keller Williams-DTC | $1,350,000 | |
| Listed by Keller Williams-DTC | |||
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Your Niwot oasis is situated on almost an acre with picturesque mountain views and an oversized lot perfect for a small hobby farm. This 5-bedroom, 3-bathroom ranch with a walkout finished basement has been fully renovated and marries luxury modern finishes with a mid-century modern vibe. Multiple living spaces create the ideal environment for gatherings, and inside, vaulted ceilings and an open living area are illuminated in sunlight. The newly renovated kitchen is brilliantly appointed with quartz countertops and a gas range, soft close drawers and cabinets, and a spacious island with a waterfall edge. The great room opens to a four season porch, perfect for lounging, reading, and sipping your favorite drink next to the cozy electric fireplace. The main level boasts hardwoods throughout, and tile in all wet areas. It includes a private study, a primary suite with a five piece luxury bath and ingress to the back deck, and a secondary bedroom and bathroom.The basement provides walk-out access to the covered patio and yard, and room to spread out with a large living area perfect for your home theater. An additional three bedrooms are intelligently laid out alongside a 3rd bathroom and a den/playroom. Outside, the expansive lot offers endless possibilities for gardening and outdoor activities along with a gazebo - a prime location for a fire pit to warm the cool Colorado evenings. Walk to school without ever touching the road! 10 ft easement behind the property borders open space that offers a straight path to the elementary! RV parking available. Newer roof, on-demand water heater, and oversized furnace. Close to Niwot HS, trails, Boulder Reservoir, and just 15 minutes from Boulder. Find peace and tranquility in this quiet town with easy access to amenities.
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| Mar 4, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed | $1,325,000 | |
| Listed | |||
| Dec 14, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017