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11815 W Tulane Dr
About This Property
As you walk in the front door, you will be swept in my the abundance of light cascading in from the large surrounding windows and open floor plan. The kitchen has a conveniently placed pantry and a suite of brand new stainless steel appliances that will make cooking and entertaining a breeze. Off of the large family room you have a sliding glass door out into your private fenced backyard, and your attached 1 car garage.
As you make you way up stairs you will see each of the three bedrooms, all of them boast their own spacious walk-in closet. All of the up stairs flooring has been replaced with rich and luscious carpet, which will only add to the comfort and pleasant ambiance. In you master bedroom, you will see the new ceiling fan, and the attached en suite bathroom. The second bathroom on this floor is where you will discover laundry and dryer hookups to make doing your laundry always comfortable and convenient.
Location really is everything, you are close to Red Rocks Amphitheatre, Southwest Plaza Mall, Bear Creek Lake, Bandimere Speedway, great restaurants, daycares and schools.
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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