283 Foxtail Dr
About This Property
This quiet neighborhood is ideal for those who love the mountain lifestyle - friendly chats with neighbors walking their dogs, frequent wildlife sightings (moose, fox, deer, and more), and peaceful evenings by the water or on your property.
Set on a full usable acre of flat land, the home features an open-concept kitchen and living area that's perfect for families and entertaining. The chef-friendly kitchen opens directly to the main living space, so everyone can stay connected. The primary bedroom is conveniently located on the main floor, tucked away for privacy with its own en-suite bathroom.
For the handy homeowner or investor, this property presents a fantastic opportunity to build sweat equity at an attractive entry price point. The home is fully livable during any updates, with major systems (including septic and well) in excellent condition and no major issues reported.
With its solid bones and prime location, this gem is ready for your personal touch to shine - whether you're looking for a primary residence, weekend retreat, or investment in the Colorado mountains.
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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