9983 Heather Dr
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 13, 2026 | Listed | $2,999,000 | |
| Listed | |||
| Aug 4, 2025 | Price Decreased |
$3,300,000
↓ $200K
(5.7%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$3,500,000
↓ $250K
(6.7%) | |
| Price Decreased | |||
| Feb 16, 2025 | Price Decreased |
$3,750,000
↓ $450K
(10.7%) | |
| Price Decreased | |||
| Aug 14, 2024 | Listed | $4,200,000 | |
| Listed | |||
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Welcome to "Belvedere on Heather," an exceptional estate perfectly poised on 5.88 acres. This one of-a-kind residence is a masterpiece offering captivating mountain & city views stretching from Pikes Peak to Longs Peak & downtown Denver & combines French elegance & Southern charm. The grand foyer leads into an expansive Great Room featuring a floor-2-ceiling stone fireplace, soaring ceilings & separate sitting area to view magnificent sunsets. The gourmet kitchen is a culinary dream w/European cabinetry, antique tin ceiling, multiple sinks & appliances & original 11-barstool eating isle crafted from the original Brown Palace's "mahogany back bar" along w/an inviting breakfast room & separate butler's pantry. The formal dining room showcases a detailed wall replicating the "mahogany back bar". The grand great room features exceptional space for formal/informal entertaining combined with an amazing sun room boasting views personified. The private ensuite office w/a stained glass ceiling provides a serene workspace. The owner's retreat is a true sanctuary w/walls of windows, exceptional views, fireplace, 2 vanities, a massive closet w/extensive built-ins & plexiglass drawers highlighted by a 2nd luxurious bath w/soaking tub, steam shower & large walk-in closet all of which connect to a well-appointed laundry room. Additionally, there are 2 ensuite bedrooms & custom designed powder room. The lower level features a sitting area, 2 bedrooms & full bath, ideal for guests, + over 3,300SF of unfinished, heated space offering the freedom to create your dream wine cellar, media/exercise/game rooms, generational living...endless possibilities. Experience exceptional outdoor living with lush landscaping, flagstone heated veranda, interior/exterior sound system & riding trails for relaxation. Featuring a new roof & gutters, radiant heated floors, Vintage doors throughout & a brick/stucco exterior, this rare gem seamlessly blends unrivaled views & impressive style!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017