Amazing new price!! Indulge in resort-style living in Park Lake -
one of Boulder County's most coveted & iconic enclaves - just three
miles from Boulder yet offering a serene, world-away ambiance. This
exceptional contemporary home blends eco-modern architecture with
upscale finishes, including metal roofing accents, an integrated
solar array, artfully mixed-material siding & masonry, bold
architectural color palettes, & beautifully clean, sculptural
lines. Light & airy with vaulted ceilings & skylights, the
residence has been thoughtfully updated with refined,
designer-level finishes. Large-format marble tile floors, art-niche
built-ins, steel & cable railings, hardwood floors, & curated
lighting create a sophisticated, gallery-like ambiance. The gourmet
kitchen impresses with 42-inch custom cabinets, granite
countertops, & high-end Viking & Dacor appliances, seamlessly
adjoining the formal dining area for entertaining. The primary
suite offers a quiet retreat with a beautifully remodeled bath
featuring dual a dual sink vanity, zero-edge walk-in shower, &
generous closet spaces. Additional bedrooms enjoy their own large
walk-in closets, while the lower level expands the living
experience with a spacious family room, recreation room, & a
climate-controlled wine-tasting room. A true haven for car
enthusiasts, the property includes an attached 1-car garage plus an
impressive 1,458 sq ft detached garage & workshop complete with a
huge storage loft, hoist, car lift, compressor, & dedicated work
areas. Surrounded by lush lawn & mature trees, the property's
outdoor oasis centers around an impressive swimming pool with hot
tub and a charming pool house offering a snack bar, separate locker
rooms, & patio spaces ideal for gatherings & summer relaxation. Set
in an exceptional location, Park Lake is surrounded by Teller Farms
Open Space with direct access to trails, the neighborhood lake, BBQ
areas, & picnic spots - an extraordinary property in a truly
remarkable setting!!
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.
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