9845 Mesa 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 |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Nov 27, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | No longer available | - | |
| No longer available | |||
| Oct 9, 2025 | Listed by The Cutting Edge | $740,000 | |
| Listed by The Cutting Edge | |||
| Sep 4, 2025 | Listed by eXp Realty, LLC | $750,000 | |
| Listed by eXp Realty, LLC | |||
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Don't miss this beautiful mountain home where modern luxury meets rustic charm that's nestled in the hills of Cascade and perfect for full time living or as a great mountain getaway, it is also used as an income producing vacation rental with great reviews! The newly remodeled gourmet kitchen features custom Hickory cabinets, granite countertops, counter breakfast bar and stainless steel appliances, it opens to the dining area and living room with vaulted knotty pine ceilings, you will enjoy those stunning mountain views, whether with the sun shining or the snow falling with floor to ceiling windows. Also on the main level is the master bedroom with adjoined bath and walk in closet, 2 additional bedrooms, a full bath and laundry area. Downstairs is all about entertaining and/or relaxing with a pool table, bar or just cozied up enjoying a movie, there is also 2 additional bedrooms and a full bath. Whether you are upstairs or downstairs you will be able to walk out onto the deck or patio and enjoy those mountain views and maybe see some wildlife that frequents the area. The large private fenced yard is perfect to enjoy the Colorado outdoors, whether its enjoying the views during the day or sitting around the fire pit gazing at the starry skies. If you are wanting an active and vibrant outdoor lifestyle you are just steps from your backyard to great hiking trails whether you are a beginner or experienced! You are also a mile hike from Green Mountain Falls with great local restaurants and shopping, enjoy some fishing at the pond with water feature and you will find even more trails to hike and explore! This home offers the peace and quiet of the mountains and the city convenience being just a 10 minute drive whether you are heading down the mountain to Colorado Springs or up to Woodland Park. Call today to schedule your private showing and make sure to check out all the custom art inside and out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017