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1020 Sundown Dr
About This Property
Full of unique features: the main level bathroom with tub, the 3-car garage, and the master bedroom with a cozy fireplace.
Adorable curb appeal, sitting on the corner lot with West-facing mountain views from the front porch. Are you looking for a home with a private mother-in-law suite? Search no further. This property has a spacious finished basement with a large bedroom and full bathroom, bonus room, wet bar, and storage space.
Located in the desirable Founders Village, this community sits between downtown Castle Rock (about a 10-minute drive) and the Founders shopping plaza, with a brand new grocery store less than 5 minutes away. Enjoy the parks, trails, and open space near the neighborhood. The community offers a pool and beautiful scenic trails nearby.
In the heart of the top-ranked Douglas County Public School District, this location is ideal for a family with children. You will be impressed by the bright and inviting hardwood floors. The large backyard has a fence with privacy to host guests on the deck. Surrounded by mature trees, lovely landscaping with sprinklers, wired for an outdoor video security system, and already hooked up for a hot tub.
The main level has a comfortable-sized multipurpose room that could be used as an office, den, library, or playroom. Upstairs you will find two guest bedrooms that share a full bathroom and the master suite with a 5-piece bathroom. Far enough from the downtown area for peace and quiet, but close enough to commute for an evening out on the town. This location is growing rapidly with new development on the rise. Lots of charm... welcome home!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017