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1048 Switch Grass Dr
About This Property
Inside, you'll appreciate the spacious open layout, soaring ceilings, and abundant natural light that make this home feel welcoming from the moment you walk through the door. The thoughtfully designed floor plan provides comfortable main-level living while offering endless potential to update and personalize to your own style and taste.
The unfinished basement presents an incredible opportunity to nearly double your living space. Whether you're dreaming of additional bedrooms, a home theater, fitness room, recreation space, or guest suite, the possibilities are endless and allow you to add significant value over time.
Step outside to enjoy a private backyard overlooking the golf course, creating a peaceful retreat for morning coffee, evening dinners, or simply taking in the Colorado scenery. One of the most unique features of this home is the stunning view of the iconic Castle Rock. Enjoy front-row seats to the annual Star Lighting ceremony and Fourth of July fireworks from the comfort and privacy of your own backyard.
Located just minutes from historic downtown Castle Rock, shopping, dining, parks, trails, and easy access to I-25, this home combines an unbeatable location with exceptional potential. Whether you're looking for a primary residence, an investment opportunity, or a home you can truly make your own, this property offers the rare combination of location, lifestyle, views, and value that buyers have been waiting for.
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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