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2062 Ridgetrail Dr
About This Property
Now, make your way down to the open family and game rooms with State of the art theater system, eagle clawfoot Brunswick pool table area and an arcade system that plays over 150 games! All the while the drinks are being poured from the wet bar that has a wine cooler chilling the wines that you picked out from your stone wine cellar that can easily display over 200 of your favorite bottles. Guests or family can enjoy the 2 lower bedrooms with large windows.
There is a large storage room downstairs for all your off season stuff and projects.
The location is convenient to many Castle Rock amenities. Just up the hill from the Rec Center and Senior Center.
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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