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10540 Tracewood Cir
About This Property
Nestled on a manicured 0.159-acre lot, this move-in ready gem combines comfort, functionality, and style. The main floor offers an open layout with hardwood floors, soaring vaulted ceilings, and abundant natural light. The spacious living room features a cozy gas fireplace and plantation shutters for added charm and energy efficiency. The updated kitchen is a chef's dream, complete with quartz countertops, tile backsplash, stainless steel appliances, and ample cabinet space. It flows seamlessly into the dining and living areas-perfect for both everyday living and entertaining. Retreat to the spacious primary suite with large windows, a walk-in closet, and a luxurious en-suite featuring a tiled walk-in shower, dual sinks with a soapstone countertop, and extra cabinetry. Upstairs, two additional bedrooms offer flexibility for guests, home office, or hobbies, and share a full bath. Step outside into your private backyard oasis-xeriscaped and terraced with four mature blue spruce trees, offering beauty and privacy. Enjoy the peace of mind of recent upgrades including a newer 17 SEER A/C and furnace, brand-new water heater with filter, new pressure valve, storm door, and updated appliances. The oversized 2-car garage adds generous storage. Located minutes from C-470, I-25, light rail, and Park Meadows Mall. Residents enjoy access to four premier rec centers with pools, tennis courts, and more-all included with the HOA. Don't miss this Highlands Ranch treasure!
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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