11437 Tomichi Dr
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Listed by Dominic DAgostini | $1,400,000 | |
| Listed by Dominic DAgostini | |||
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Welcome to the highly sought-after horse-friendly community, of Russellville in Franktown, CO. The expansive 8-acre lot provides a serene sense of privacy. The home is setback on the lot, south facing, and has a peek-a-boo view of Pikes Peak. Whether you want to build a party barn, stables, or start a homestead this lot has so much usable land you can do anything that you can dream up. When you get tired of complete privacy this home becomes a true entertainer's dream. The home offers multiple indoor and outdoor spaces for leisure. When you walk inside you will be taken back by the vaulted ceilings and the great open flow to the home. This 5 bedroom and 5 bath house will be your sanctuary away from the hustle and bustle of the city and can house any guests you need. The basement can also serve as an in-law suite as it has and amazing updated bathroom a kitchenette and direct access to the exterior. You can also rent it out for some extra income. The current owners have to move due to their work but have made amazing updates to the house. Updates include but are not limited to an upgraded electrical panel with extra power available, a new whole house humidifier, replaced the attic fan with installed two large A/C units to keep the home cool, installed an Autel 50amp car charger, graded and installed two carports across the driveway (one of which can fit a 40ft RV), a brand new 15ft H2X fitness swim spa by Master Spas to enjoy the weather year round, New Chicken Coop with heat, installed an 82 gallon water tank for the home, installed an Excelsior E2 hand pump so the house can get water even if power goes out in any emergency, Installed Star Link for extra fast internet, new interior paint, installed all new fans and light fixtures, $20K worth of fire mitigation and much more. Other upgrades include a Decra metal shake class 4 roof (gives you a big discount on home insurance), and a new furnace. All Furniture Negotiable in Sale.
Sellers Agent is the Home Owner.
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| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017