194 Fly Line Dr
About This Property
Walk up stairs to Open Concept living with upgraded features in the kitchen, living room and dining room. Off of this great room is the Master suite with walk in closet, guest room and another bath. Decks on both the front and back for a mountain view or an open space/meadow view.
View the video at https://youtu.be/wD7wmpwjSCc
Outdoor activities are a short walk away: Ride the Silverthorne Bike Path, Hike Angler Mountain Trail, fish or paddle on the private community lake. Skiing and golf are close by too.
The community has a clubhouse on the private lake to host parties or just take in the views from the deck. Underneath the deck is kayak storage for rent. The lake is stocked each season with trout.
The HOA Maintains most of the exterior features of this home: roofs, exterior paint, driveways, lawncare, snow shoveling, etc... The decking and railing top plates are composite so no staining needed.
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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