21555 Orleans Cir
About This Property
With 3 bedrooms on the main level, and an additional non-conforming bedroom in the basement, this home offers both space and flexibility for a growing family or any unique lifestyle needs. With ample square footage, this residence is the epitome of modern comfort nestled in a serene country setting. In addition to the meticulously maintained abode, the property is equipped with an array of equestrian facilities that will leave horse lovers in awe. A custom barn, crafted in 2019, features 3 spacious stalls, with the possibility of transforming the tack room into a fourth stall. This turnkey horse property boasts lovely mountain views in close proximity to the renowned Barr Lake, adding a touch of picturesque serenity to your everyday life. For the discerning animal lover, two supplementary outbuildings are thoughtfully incorporated into the landscape, catering to all your animal care and storage needs. Security and aesthetics seamlessly coexist with the entire property enclosed by robust 5-rail steel fencing, ensuring the safety and privacy of your beloved companions. An inviting gate marks the entrance, welcoming you to your private oasis, while an outdoor horse arena and a round pen offer the perfect space for training and recreation. Prepare to embrace the tranquility and grace of rural living, with the luxury of modern amenities close to the city
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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