40
Map
948 Sailors Reef
About This Property
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Listed | $750,000 | |
| Listed | |||
| | |||
|
Welcome to this beautifully remodeled ranch-style home in the highly desirable Warren Shores neighborhood. This 3-bedroom, 2-bathroom gem with a 2-car attached garage offers thoughtful updates, timeless design, and a prime location near Warren Lake. Step inside to a light-filled interior featuring multiple skylights, wood floors throughout, and a spacious living room with custom built-ins. The kitchen is a standout, with granite countertops, newer stainless steel appliances including a built-in oven and microwave, and abundant cabinetry. Adjacent to the kitchen, the cozy family room offers a second gathering space perfect for relaxing or entertaining. The primary suite is a peaceful retreat with a remodeled en-suite bath and a generous walk-in closet. Two additional bedrooms are filled with natural light-one with a sliding glass door offering private access to the backyard. The second full bath is beautifully updated. A laundry area just off the garage includes a new washer and dryer, built-in storage, and a practical drop zone. Step outside to enjoy multiple new wraparound patios, a large fenced backyard, and well-maintained landscaping-ideal for outdoor dining or quiet mornings. The home is just a short walk to Warren Lake, with trails that connect you to paddleboarding, kayaking, and fishing. Neighborhood amenities include a pool and tennis courts, with upcoming HOA plans to convert them into pickleball courts. Every inch of this home has been thoughtfully updated-inside and out-offering turnkey living in a peaceful, lake-access community. Don't miss your chance to own this exceptional property in one of Fort Collins' most beloved neighborhoods.
| |||
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Nov 6, 2021 | Listed | $650,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017