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11016 Timothys Dr
About This Property
The large, vaulted open-spaced entry fills with light as the massive windows showcase the beautiful outside, while the kitchen flows with granite counters and stainless appliances. Adjacent on the main level is a picture-perfect primary bedroom and attached ensuite primary bath, completely updated and remodeled just recently.
Upstairs are the nicely appointed additional bedrooms and bath, and downstairs gives you the entertaining space and utility space you will love.
Finally, the exterior features new stain, a detached 2-car shop, and fresh asphalt seal, giving you an easy to maintain property that has been loved and cared for immacuately by the current owners. If you are looking for a premier location, close to amenities, highway 285, and everything that the Colorado foothills has to offer while still being close to Denver, this is the home to see!
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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