17714 Baxter Dr
About This Property
The finished basement expands the home's versatility with a bar area, full bathroom, and abundant storage-ideal for entertaining,hobbies, or recreation. Step outside to a lighted custom deck, perfect for relaxing evenings or hosting under the Colorado sky. The backyard provides direct access to the scenic Cherry Creek Trail and is within walking distance to downtown Parker, local amenities, and highly rated schools-offering an exceptional blend of comfort, convenience, and lifestyle in one of Parker's most desirable neighborhoods.
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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