23863 E Swallow Cir
About This Property
The Inspiration neighborhood was named 2019's Community of the Year by the Home Builders Association. The community includes 11 miles of trails to explore and enjoy Colorado nature. This home is located in notable Douglas County schools and features master-planned amenities such as a clubhouse, community pool with splash pad, parks and playgrounds, trails and year-long calendar of events such as outdoor activities, concerts and more all within the community. As a resident, you'll enjoy easy access to E-470 and all the restaurants, art, and entertainment Parker Road has to offer.
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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