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136 Nova Ln
About This Property
~ Remodeled 4 bed, 3 bath, 3,860 sq ft horse property on 3.78 usable acres with barn, pasture & stream. Backs to greenbelt & stocked pond in the highly desirable Woodside Equestrian community. Outdoor water of livestock & gardening is available thru Woodside Park Water Users' Association. Main floor living, remodeled kitchen & newly remodeled spa-like bathroom.
~ Vaulted ceilings with ample windows make this open floorplan light & bright. Remodeled, kitchen with pantry & island. The dining room & living room with dramatic double-sided fireplace offer the perfect flow for entertaining. Immerse yourself in the Colorado mountain lifestyle on the deck while enjoying views of Lion's Head & abundant wildlife. Main floor primary ensuite has vaulted ceilings, walk-in closet & spectacular spa-like 5-piece ensuite bath with large shower & soaking tub. Two more bedrooms, remodeled bath & main floor laundry room complete the main level. The walk-out basement offers a versatile bonus room for family room, media room or game room. Office, bedroom, bath & separate entrance offer multi-generation living options.
~ Perfect property for horse lovers! Horses are permitted by zoning & covenants. Barn with 3 stalls & fenced pasture. Many equine options for riding - 15 HOA maintained trails & the Woodside Equestrian Center. Cost for outside water is based upon use. Fenced yard for your furry friends & shed.
~ Bus route (plowed early), county roads, high speed fiber internet with Highline (lines will be buried), water softener & water treatment system. Plenty of room for RV, boat & mountain toys. Septic rated for 6 people (3 beds). Great location - 30 minutes to Denver, 1 hour to DIA & 1 hour to skiing. Close to 285, supermarkets, restaurants, Staunton State Park, Elk Falls & top-rated schools. Welcome to your perfect mountain home! Please note, home needs some repairs & is priced accordingly.
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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%.
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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