11889 E Bates Cir
About This Property
The free-flowing main level make indoor/outdoor living and entertaining effortless. The living room has durable tile floors, and elegant built-in shelving. The dining room leads into an open-concept kitchen with a breakfast bar, and family room with a cozy fireplace-- all with hardwood floors. The kitchen was updated to last with stainless steel appliances, playful stainless steel backsplash, and raw-edge granite countertops. Slide open the glass door from the family room to enjoy the covered patio, surrounded by planters for a private garden oasis complete with a hot tub and entertaining space. The finished basement holds a flexible space with a wet bar and bathroom to use as the buyer sees fit: a home theater, gym, pool table, game room, playroom, den, office, and/or guest retreat. The basement has sliding door access to the backyard, and a utility room with raw storage space and a utility sink.
The neighborhood has a clubhouse, pool, tennis courts, playground, and walking trails. Get to know the neighbors through the HOA's family events and activities. Just outside the neighborhood you will find shopping and dining, fast access to I-225 and I-25, the Denver Tech Center, Denver International Airport, and public transportation!
Showings begin 4/14 at noon!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Apr 13, 2021 | Listed | $529,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017