21868 Mountsfield Dr
About This Property
The purposeful addition of a bright and charming sun room and deck expands and enhances the functionality and charming spaces within the home and the partial walkout basement offers a flexible space for a home office, fitness or storage room. Expansive outdoor patios and decks provide areas well suited for entertaining or simply relaxing in the hot tub while soaking in the surroundings. The 2 interior and 2 exterior fireplaces take cozy ambiance to a whole new level.
Ideally configured for hosting guests and short term renters, the 3rd bedroom is fully equipped with a separate entrance, kitchenette, cozy fireplace and a lock off from the main residence. Often frequented by those seeking a local mountain retreat and music afficionados attending nearby Red Rocks concerts.
Gently sloping property spans just over an acre and provides a private, peaceful setting for a daily commune with nature. Outdoor enthusiasts love Lookout Mountain with access to open space parks, trails and a challenging hill climb from Golden. There is convenient access to amenities and activities, 10m to Evergreen, Golden or Red Rocks Park, 35m to Summit County Skiing, 25m to downtown Denver, 45m to DIA.
This mid-century masterpiece is not just a home; it's a lifestyle. From the extreme coolness factor, to it's magical setting, with undeniable mountain serenity closely connected to city vibes, this property has it all.
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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