12467 E Amherst Circle
About This Property
Second floor features large primary bedroom with cathedral ceilings, updated bathroom with double vanity and large wall closet. Additional 3 bedrooms on this floor share a full bath. Laundry closet/office in 4th bedroom with washer and dryer included.
Pride of ownership shines throughout including upgrades such as new roof (2022), laminate vinyl flooring, windows, interior paint, lighting and more.
Walk out the sliding door to a patio with pergola and mature landscaping to include new rocks and sod and just steps to the park. The basement is ready to be finished, and has rough in plumbing, too! The 2-car garage has drywall. Cherry Creek Schools, close to the new Regatta Plaza development anchored by new King Soopers, shops, restaurants, and Nine-Mile Park-n-Ride with buses and light rail. This one is ready to move into and enjoy the peaceful lifestyle. Welcome Home!
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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