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16759 Prospect Ln
About This Property
Experience the perfect blend of space, functionality, and Colorado beauty in this exceptional 5 bedroom, 5 bathroom home offering over 4,200 finished square feet. Ideally situated to capture breathtaking mountain views, this property delivers both luxury and versatility for today's modern lifestyle.
The main level is designed for gathering and entertaining, featuring a gourmet kitchen with expansive granite countertops, a large center island, hardwood flooring, high ceilings, and an abundance of natural light. The open concept layout flows seamlessly into the living and dining spaces, creating a warm and inviting atmosphere.
Upstairs, you'll find three generously sized bedrooms each with en-suite bathrooms including a spacious primary suite complete with a luxurious five piece bath and dual walk-in closets, your own private retreat. Greet each morning with views of the entire Front Range and snow capped mountains.
The fully finished walk-out basement is ideal for multi-generational living or extended guest stays, offering a private bedroom & bathroom, laundry, living area, dining space, and a separate kitchen providing comfort, independence, and flexibility.
Step outside to enjoy beautifully landscaped surroundings, along with a gas line for grilling and pre-wiring for a hot tub perfect for relaxing while taking in Colorado's stunning sunsets.
Ideally located on a corner lot in a vibrant community, adjacent to greenbelt and miles of scenic trails, a resort-style recreation center with an adult pool, a water park for the kids and a freshly updated gym. Plus, basketball & tennis courts and indoor pickleball. Enjoy the convenient access to shopping, dining, and everyday amenities, this home truly offers the best of Colorado living.
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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