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22894 E Progress Ave
About This Property
Step into the airy main level, where vaulted ceilings and rich Brazilian cherry hardwoods lead you to a freshly updated kitchen featuring granite tile and a sun-drenched dining area. Upstairs, the primary suite offers a private retreat with stunning mountain views, while two additional bedrooms provide ample space for family or a home office.
The Ultimate Outdoor Oasis: Escape to a professionally landscaped backyard designed for Colorado summers. Enjoy the double-level redwood deck and pergola, surrounded by blooming lilacs and functional stone side-work-perfect for hosting or peaceful mornings.
Key Features & Peace of Mind:
* Energy Efficiency: Fully paid-off solar system and a newer Class 4 impact-resistant roof.
* System Upgrades: New 50-gal water heater, whole-home humidifier, and Pure-M UV air purification.
* Flex Space: The finished basement is an entertainer's dream, featuring a bar, retro sound system, and secondary appliances-ideal for a media room or gym.
* Location: Walkable to Antelope Ridge Elementary and situated within the acclaimed Cherry Creek School District.
Minutes from Southlands Mall and E-470, this move-in-ready gem is the perfect match for your next chapter.
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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