11189 W Oregon Dr
About This Property
As you step through the front door, you are greeted by a fresh and inviting atmosphere, with a large living room space and kitchen. Natural light floods the living spaces, highlighting the sleek, newer windows that not only enhance the aesthetics but also contribute to energy efficiency. Additionally, the home has a brand new impact resistant roof, as well as other mechanical updates inside.
The contemporary kitchen, boasting modern appliances and stylish finishes, is ample size and is adjoined by a formal dining space as well as an eat-in breakfast nook.
The three spacious bedrooms provide comfort and privacy, with each offering a tranquil retreat at the end of the day. The bathrooms have also been tastefully renovated, showcasing contemporary fixtures and finishes that add a touch of luxury to your daily routine. The great room on the lower level features a great space to relax or entertain, coupled with a beautiful fireplace.
One of the standout features of this property is the expansive backyard, perfect for outdoor gatherings, or simply enjoying the Colorado sunshine. The possibilities are endless in this generous outdoor space coupled with the hot tub, pergola, and large deck.
Located in the coveted Lochwood subdivision, you'll enjoy the benefits of a friendly community and convenient access to nearby amenities. With its ideal blend of modern updates and classic charm, this home is ready for you to move in and start creating lasting memories.
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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