10816 Bear Cub Dr
About This Property
A perfect resort-style community for active adults 55+ with the Flatirons as a beautiful back drop. The Lodge, clubhouse is the main recreation center and social hub of the community. Join your friends at the fireside lounge--there is coffee in the kitchen, play billiards, or do a complete workout in the state of the art fitness center. Watch sporting events, play cards or board games, attend cooking or yoga classes, or relax and rejuvenate by the pool. There is a community garden, miles of trails for walking, hiking or biking, a golf course close by and shopping in abundance at Flatirons Crossing.
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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