17950 Martingale Rd
About This Property
Inside, the coffered-ceiling dining room easily accommodates up to 18 guests, perfect for gatherings. The open layout flows from casual living spaces to formal entertaining areas, while a laundry chute in the master bath adds convenience. The finished walkout basement opens to a second poured-concrete patio, creating a seamless indoor-outdoor experience.
Outdoors, pebbled walking trails wind through three private sitting areas, two riverbeds, and wooden bridges leading to a dry basin-often visited by roaming deer. Towering evergreens provide year-round privacy, and winter brings over 110 inches of snow-blanketed charm.
Located just 9.4 miles from the U.S. Air Force Academy and minutes from Garden of the Gods, the home offers an easy commute to Colorado Springs or Denver via nearby Highway 105. A small community HOA maintains a friendly, low-restriction atmosphere. Here, you'll enjoy mountain views, fresh air, and a true connection to nature-without sacrificing access to top-rated schools, conveniences, and regional landmarks.
If you're seeking tradition, space, and serenity in one exceptional package, this Tri-Lakes retreat delivers.
This home is Jubilee-Eligible: Buyer's down payment could be as low as 2% down. Jubilee buys the land and your client rents it, with the option to purchase the land anytime in the future. Great fit for buyers who can afford the monthly payment but are held back by the upfront cost.
Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
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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