246 Spruce Dr
About This Property
Inside, you'll find a welcoming open floor plan, with a spacious kitchen featuring plenty of storage and counter space. The living room is perfect for relaxing by the wood-burning fireplace on chilly mountain evenings. Tongue-and-groove walls and tasteful updates throughout the home create a warm, mountain-modern feel.
Both bedrooms are generously sized, each with its own bathroom, making this home ideal for hosting guests or offering added comfort and privacy for residents.
Step outside to enjoy 900 sq. ft. of wrap-around decking-an incredible space for outdoor living and entertaining. You'll love the outdoor kitchen, two fire pits, and horseshoe pit, all designed for year-round enjoyment with family and friends.
Additional features include an oversized two-car garage, and two versatile storage sheds. The multiple outbuildings offer storage for garden tools, recreation gear, or workshop space.
The four-lot layout gives you the option to subdivide or simply enjoy extra space and privacy. This home truly celebrates outdoor living, with adventure just minutes away-biking, fishing, skiing, hiking, and more in the beautiful Twin Lakes area.
Don't miss this opportunity! Schedule your showing today:
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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