18258 Martinello Dr
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2026 | Listed | $674,999 | |
| Listed | |||
| Aug 10, 2026 | No longer available | - | |
| No longer available | |||
| May 26, 2026 | Listed | $674,999 | |
| Listed | |||
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Set within the highly sought-after Anthology community, this like new ranch style home at 18258 Martinello Drive offers the perfect blend of modern design, functional living, and exceptional value. Seller says sell, creating an incredible opportunity to own one of the most desirable floorplans in the neighborhood. Thoughtfully designed with a rare three bedroom ranch layout, this home delivers true main level living with an open concept floorplan ideal for both everyday comfort and entertaining. The spacious kitchen flows seamlessly into the dining and living areas, creating a bright and inviting atmosphere enhanced by contemporary finishes and impeccable maintenance throughout. The private primary suite offers a quiet retreat, while two additional bedrooms provide flexibility for guests, office space, or growing needs. Step outside to a coveted covered back porch overlooking the fenced yard, perfect for relaxing Colorado evenings, pets, or outdoor gatherings. A major value add opportunity awaits in the expansive unfinished basement featuring approximately 1,400 square feet with rare 9 foot ceilings, offering the ideal setup to add additional bedrooms, a bathroom, gym, theater, or large secondary living space while significantly increasing the long term value of the property. Meticulously cared for and truly move in ready, this home combines the feel of new construction with the benefits of an established setting in one of Parker's most coveted communities. A transferable VA loan may also be available for qualified buyers, please inquire for additional details.
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| Dec 17, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | Price Decreased |
$649,990
↓ $25K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017