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15662 E Eldorado Dr
About This Property
Inside, the cozy living room features a warm gas fireplace, creating the perfect space to relax and unwind, while the spacious kitchen and dining area provide an ideal setting for everyday living and entertaining.
Step outside to a backyard designed for enjoying Colorado summers to the fullest. With ample space for gardening, play, and outdoor gatherings, this property is ready for your vision. The backyard is already equipped with a chicken coop, storage shed, fire pit, garden beds, and a large covered concrete patio - perfect for morning coffee, evening barbecues, or cultivating your own urban homestead.
The unfinished basement offers incredible opportunity for future expansion, featuring insulation, drywall ready to go up, and three egress windows to help jump start your customization. Whether you envision additional bedrooms, a recreation room, home office, or guest suite, the groundwork is already in place.
This home combines comfort, functionality, and room to grow - all with a backyard lifestyle you'll love.
This home has a solar lease.
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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