1404 Macpool St
About This Property
Inside, you'll find a functional, open-concept layout that connects the living room and kitchen, making the space great for both everyday living and gathering with friends and family. Three bedrooms, including a primary bedroom with a walk in closet and primary bathroom. The two other bedrooms are steps away from the second full bath.
Outside, the property sits on a lot of over 5,000 square feet, providing a canvas and the opportunity to create an outdoor space of your own. The gravel also offers a low-maintenance alternative to traditional landscaping. Also, you own the land here, meaning no monthly lot rent! Another great bonus? No HOA!
Located in the growing Carbon Valley area, you'll enjoy convenient access to nearby Frederick and Firestone, the new King Soopers Marketplace, and everyday amenities while still being within reach of Denver and the northern Front Range.
Whether you're purchasing your first home, looking to downsize, or simply searching for an affordable home with outdoor space and no HOA, this property offers plenty of possibilities!
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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