48
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21879 E Davies Cir
About This Property
An Entrepreneur's or Car Collector's Dream!
The true showstopper is the custom-built, two-story detached garage/workshop. Built in 2019, it offers approximately 4,100 sq. ft., easily accommodating up to 8 vehicles with workshop, equipment, storage or business-related space. Includes 1,524 sq. ft. of open second-floor space with endless possibilities for an office, studio, play-space, workspace or storage.
Enjoy generous RV/motorhome parking with a newly paved driveway. All this conveniently located near E-470, Parker and Arapahoe Roads, Southlands Mall, shopping and dining. A rare combination of a beautifully remodeled home, acreage and extraordinary garage/workshop space!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Price Decreased |
$1,500,000
↓ $90K
(5.7%) | |
| Price Decreased | |||
| Jul 26, 2026 | Price Decreased |
$1,590,000
↓ $60K
(3.6%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed | $1,650,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017