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24978 Red Cloud Dr
About This Property
Generous living and entertaining areas flow throughout the home, while expansive mountain views create a breathtaking backdrop. High-end finishes, thoughtful upgrades and beautifully designed bathrooms add comfort and style throughout. Outside, the fully fenced and landscaped backyard provides a wonderful setting for entertaining, relaxing or enjoying the swim spa beneath the Colorado sky.
With two acres of space, a private mountain setting and convenient access to Conifer shopping, dining, outdoor recreation and the Highway 285 corridor, this exceptional property captures the best of Colorado foothills living. From its spacious interior and dedicated office to its stunning views and inviting outdoor retreat, 24978 Red Cloud Drive is truly one of a kind.
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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