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10168 Foxridge Cir
About This Property
The Highlands Ranch community is served by 4 state-of-the-art recreation centers offering extensive workout facilities, indoor and outdoor swimming pools, indoor tracks and courts of all varieties. Northridge Rec center even has an indoor golf simulator and indoor tennis courts to keep everything tuned up over the cooler months. Highlands Ranch has seemingly endless miles of trails, both concrete and dirt that are very well maintained. The Back Country recreation are is very close by and is a great area for trail running, mountain biking or just hanging out and enjoying nature. With an abundance of shopping and restaurants nearby plus the award winning Douglas County School District, this home has everything you need. Finally, this home had a full blown home inspection prior to listing complete with a sewer scope and roof certification. A complete copy of the inspection is available online. No surprises here, just a great home to make yours.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017