11632 Larkspur Dr
About This Property
Upstairs, the spacious primary suite features vaulted ceilings and a fully remodeled 5-piece bath with a freestanding tub, dual vanities, and a spacious, well-designed walk-in closet. One secondary bedroom includes its own private ensuite bath, while the remaining two bedrooms are connected by a modern updated Jack-and-Jill bath, offering comfort, style and functionality.
The finished basement is built for entertaining with a large game room, wet bar with mini refrigerator, built-in bench seating, and a 3/4 bath-perfect for guests or hosting game nights.
Step outside and enjoy an extra-large covered deck with lighting and ceiling fans, creating a true extension of the living space. The backyard offers multiple levels, a pergola and second deck area, included hot tub, and added privacy once the landscaping is in full bloom.
Additional highlights include a 3-car garage with a workbench and subpanel, modern finishes throughout, and a home that has been thoughtfully updated inside and out. Ideally located near parks, playgrounds, shopping, and dining, and within the highly rated Douglas County School District including Iron Horse Elementary (just four blocks away), Cimarron Middle, and Legend High School.
Homes like this don't come along often - schedule your showing today before it's gone!
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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