19031 E Powers Place
About This Property
As you walk inside, you are greeted by freshly painted walls and newly finished hardwood flooring that expands most of the main floor. The kitchen and family room operate as one space that is ideal for entertaining. The kitchen features granite countertops, stone backsplash, and newly installed stainless-steel appliances. Take note of the vaulted ceilings in the family room – 2 skylights and a wall of windows illuminate the room in sunlight. A gas fireplace and built-in shelving add character.
The main level is complete with a dining room, living room, ½ bathroom and spacious laundry/mudroom off the garage. Upstairs you will find the primary suite with its own 5-piece en-suite bathroom. Enjoy distant mountain views from southwest facing windows. Upstairs also features 3 additional bedrooms with a shared hallway bathroom with dual sinks.
The finished basement offers 2 additional bedrooms, a ¾ bathroom and a large family room with a gas fireplace and 2 egress windows allowing the basement to feel light and bright. Escape to the backyard where you will find plenty of trees, a sprawling patio and a relaxing atmosphere to unwind.
Brand new roof with impact resistant shingles! New Interior Paint! Not only are you located within the highly esteemed Cherry Creek School District, you have easy access to E470, C470, I25, DIA and much more! Saddle Rock Golf Course, The Trails Recreation Center and the Aurora Reservoir are just a few of the amenities you can enjoy. This is one you don't want to miss!
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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