996 Falling Rock 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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Listed by West and Main Homes Inc | $725,000 | |
| Listed by West and Main Homes Inc | |||
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Nestled within the exclusive Cody Park area of Cotopaxi, near the charming town of Westcliffe, this custom-built home offers sustainable luxury on 40 pristine acres. Designed with eco-friendly features, the residence boasts structurally insulated panels and a fire-resistant exterior of stucco and steel. A passive solar design and radiant floor heating ensure year-round comfort, while Andersen windows are tailored to each orientation for optimal energy efficiency. Inside, the main living area features soaring 20-foot ceilings, Knotty Alder doors, trim and beams creating an open and inviting atmosphere. A detached, finished accessory dwelling with electricity provides versatile space for guests or a private studio. The professionally xeriscaped and fire-mitigated surroundings offer multiple outdoor living areas, designed and positioned perfectly for year round seasonal enjoyment. Depending on your position on the property, you can enjoy breathtaking views of Pikes Peak to the north and the majestic Sangre de Cristo Mountain Range to the west, providing a stunning backdrop for Colorado's renowned sunsets. An abundance of wildlife graces the property year-round, enhancing the serene and private setting. This exceptional residence seamlessly combines modern amenities with ecological responsibility, offering a unique opportunity to embrace Colorado's natural splendor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017