20290 Doewood Dr
About This Property
This magnificent property is located in a small neighborhood in beautiful Monument, CO. It is a ranch-style single-family home built in 1996. The property spans approximately 4,602 square feet and includes six bedrooms and four bathrooms. There is a large, covered deck off the primary bedroom and den, with expansive views of the Rocky Mountains. It also includes a lower covered patio, leading off the walkout basement. The main level features three bedrooms, including a primary suite with a walk-in closet and a five-piece ensuite bathroom. The interior boasts energy-efficient updates such as Pella windows, LED lighting, and solar panels. The main floor has vaulted ceilings, floor to ceiling windows, and is complemented by luxury wood laminate flooring in the living and dining areas. The kitchen is equipped with dark cabinets, stainless steel appliances, exotic granite countertops, and decorative tile flooring. The fully finished basement offers additional living space, with full kitchen, extra laundry room, a convenient stairlift, and is suitable for multi-generational living. The home also includes two fireplaces, and an oversized 2-car attached garage. The expansive outside area is perfectly landscaped with mature trees and underground sprinklers. The yard has a swing set, sandboxes, fire pit area, garden boxes, and flower beds to include a strawberry or vegetable garden and much more. Other notable home features include a new fifty-year roof, an Aquas Ana water filtration system, a whole-house humidifier, radon mitigation system, an owned 9.92kw solar panel system, with several other amenities of newly painted interior, and a huge storage room. Come see what this luxury home has to offer, to the most meticulous buyer.
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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