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16015 Olive St
About This Property
From the moment you step inside, rich wood flooring sets a warm, inviting tone and carries you through an open layout built for real life. The spacious great room is anchored by a gas log fireplace, creating the perfect spot for quiet evenings, weekend gatherings, or hosting friends without feeling boxed in.
The kitchen doesn't hide in the corner-it shows up. Designed to be both functional and impressive, it features slab granite countertops, tile backsplash, maple cabinetry, stainless steel appliances, and a double oven-because one oven is never enough when you actually like to cook... or at least pretend on holidays. The layout stays connected to the living and dining areas, making it ideal for entertaining or everyday use.
The primary suite feels like your own private reset button, thoughtfully positioned away from the secondary bedrooms. The spa-style en-suite bath includes dual vanities, a soaking tub, separate shower, and a walk-in closet that finally fits everything you swear you're going to organize.
Three additional main-level bedrooms offer flexibility for guests, home offices, or creative space, supported by well-placed bathrooms and a functional laundry area that keeps daily routines simple.
Downstairs, the full unfinished basement provides outstanding potential-whether your vision includes future living space, a home gym, recreation area, or extra storage to grow into over time.
Step outside to a backyard built for both play and peace. A dedicated playground adds everyday fun, while the open setting and sweeping mountain backdrop create the kind of view that stops you for a second-the kind that reminds you exactly why you choose to live in Colorado.
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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