24389 Emerald Trl
About This Property
Inside, you'll find fresh paint, newer flooring and a warm wood burning stove. Outside is where this property really shines. The land features a natural ravine, wide open space and plenty of room for animals, gardens, kids, toys and whatever else you've been dreaming of doing with a little more land.
The location gives you country living without feeling completely disconnected. Deer Trail, Agate, Byers and Kiowa can all be accessed within approximately 20 minutes, with multiple routes toward the Denver Metro.
Bring the animals. Bring the garden plans. Bring the kids. Bring the vision. If you've been waiting for an affordable way to get out of town and onto acreage, this may be the opportunity you've been looking for.
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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