12846 Palisade St
About This Property
The main living area boasts custom light fixtures, a cozy gas fireplace, and a stunning three-panel sliding glass door that floods the space with natural light-enhanced by the upgraded window package and wiring for surround sound. The kitchen is complete with sleek quartz countertops, a gas stove, and an expansive island. The laundry room offers double entry for convenience and includes a utility sink and extra cabinets for optimal storage. The main floor also features three bedrooms, including a luxurious primary suite with a backyard access service door, an upgraded oversized shower, and an expansive walk-in closet. One of the bedrooms has been transformed into a stylish home office with custom built-ins, ideal for remote work or study.
The newly carpeted finished basement offers a large recreation room, a full wet bar for entertaining, two additional bedrooms with a shared 3/4 bathroom, a commercial-grade sliding storage shelving system in the unfinished area, a radon mitigation system, and a 220 outlet in the mechanical closet for a potential second washer and dryer.
Outside, enjoy a covered back patio with a hot tub pad-perfect for peaceful Colorado evenings. A covered front porch, a dog door with access to a private deck from the living room, and close proximity to the neighborhood clubhouse enhance the appeal. This home also features paid-off solar panels, upgraded spray-in insulation, and a finished, insulated garage with adjustable shelving. Don't miss the opportunity to make this exceptional property your next 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