Welcome to this beautifully maintained executive ranch-style home
with a full finished basement in the highly sought-after Sundance
at Ute Creek neighborhood. This spacious home offers main-floor
living with a luxurious primary suite on the main level with a tray
ceiling, private patio access, soaking tub, separate shower, dual
sinks, and a large walk-in closet. A second bedroom and 3/4 bath
offer flexibility for guests. The open-concept main floor showcases
vaulted ceilings in the living room, dining room, and home
office/music room, complemented by ten-foot ceilings elsewhere.
Plantation shutters, hardwood floors, and a cozy gas fireplace
create a warm, inviting atmosphere. French doors open from the
living area to the spacious office with a built-in bookcase. The
chef's kitchen features cherry cabinets, granite counters, a huge
island, high-end appliances including double ovens and a 6-burner
gas stove. Enjoy views of Long's Peak rising above the golf course
from the breakfast area. The expansive finished basement includes
two bedrooms, a full bath, a bunkroom, a studio/office alcove
bathed in natural light, and a large recreation area perfect for
movie nights or youth hangouts. Ample storage space adds
practicality. Enjoy Colorado living with a sunny front courtyard, a
private back patio, and a beautifully landscaped, low-maintenance
yard with mature trees. HOA parks next door provide additional open
space without the upkeep. Community amenities include a pool and
clubhouse across the street, with Ute Creek Golf Course just a
block away. Outdoor enthusiasts will appreciate proximity to Jim
Hamm Nature Preserve, Union Reservoir, and extensive walking/biking
trails. Added features include a three-car side-entry garage with
built-in storage, a fenced and irrigated yard, a new roof in 2023,
plus recent upgrades. Easy access to shopping, dining, and I-25
completes this exceptional property.
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.
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