14823 E Colgate Dr
About This Property
Newly remodeled kitchen and bathrooms. The kitchen window looks out to the backyard and open space. The eat-in kitchen features granite counters and a large chef's sink for your cooking ease.
Basement media/game room is a great place to relax. Large laundry room offers plenty of storage space and a cedar closet too!
The basement bathroom has a new beautiful shower. The basement bedroom is non-conforming.
Basement bonus room is considered as unfinished space, and has an unexpected vanity and sink perfect for hobbies and crafts.
Our front yard is thoughtfully zero-scaped making care a breeze.
The backyard backs to permanent open space that includes a hike/bike trail leading to the Cherry Creek State Park, and the rest of the expansive Aurora trail system. Relax under the pergola as the sun sets, enjoy peace and quiet, and watch the stars come out!
Our garage has a 220V outlet for EV charging.
The solar panel lease is less than 2 years old, and will be paid in full at closing, giving the lucky new owner of this home a fully paid solar electric system.
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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