2344 Drummle Dr
About This Property
**Pictures are representative of the home and not the actual finishes*
******** Come look at one of the few 55+ active adult communities in all of Colorado. This is located in the Crystal Valley Ranch subdivision of Castle Rock. This floor plan offers 2 bedrooms and 2 bathrooms on a crawlspace. Open concept with very modern finishes that really give the completed home look and feel. Kauffman Homes offer quite an extensive list of upgrades already included and the pricing is all out the door final.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | Listed by RE/MAX Professionals | $585,000 | |
| Listed by RE/MAX Professionals | |||
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**NEW CONSTRUCTION- QUICK MOVE IN - Completion date estimated 02/05/2024.
**Pictures are representative of the home and not the actual finishes*
******** Come look at one of the few 55+ active adult communities in all of Colorado. This is located in the Crystal Valley Ranch subdivision of Castle Rock. This floor plan offers 2 bedrooms and 2 bathrooms on a crawlspace. Open concept with very modern finishes that really give the completed home look and feel. Kauffman Homes offer quite an extensive list of upgrades already included and the pricing is all out the door final.
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About Crystal Valley Ranch
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Last Updated: 3 months ago
Data Source: REcolorado MLS, MLS# IRE2624564
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