2408 Steppe Dr
About This Property
Look no further! You've found your perfect home. This super well-built paired ranch-style home is perfect for main-floor living and comes with all appliances, including a washer/dryer. Enjoy vaulted ceilings in the living area, plus granite countertops in the kitchen. The primary suite has luxury bath features like an oversized tub and walk-in shower, plus a huge closet. The finished basement offers two more bedrooms, a 3/4 bath, family room - perfect for entertaining or game nights! Plus, there's a simple backyard with patio space & retractable sunshade so you can enjoy Colorado weather year-round! It also has a natural gas line outside to hook up your grill or firepit. Don't wait - take a tour today and experience peace of mind knowing this house has been very well taken care of and includes a one-year First American Home Warranty.
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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