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2795 Vassar Dr
About This Property
The heart of the home flows easily from living to dining to an open kitchen and great room-style space that connects to the outdoors. Sliding doors open to a private, thoughtfully landscaped yard large enough for gardens, play, and summer dinners, yet still manageable for busy people who would rather be on the trails than behind a mower. Three bedrooms and two updated baths on the main level allow for one-level living with options for guest space, nursery, or office.
Downstairs, a separate entrance leads to a versatile lower-level suite with its own living area, second fireplace, bedroom, and full bath; ideal as a mother in law or guest suite, multigenerational living, an Au Pair, or a private office/studio. Practical upgrades, including a 2025 furnace, 2026 roof certification, and a one-year home warranty to the buyer at closing, add peace of mind.
Outside your door, one of Highland Park's most loved streets puts the Flatirons in your daily sightline instead of just a weekend hike. Enjoy the Mesa / Bear Creek / Fairview school trifecta, quick access to open space and trails, and an easy hop to Table Mesa shops, cafes, and US-36 to Denver or the airport.
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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