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2883 Promontory Loop
About This Property
Upstairs offers 4 spacious bedrooms and laundry. The oversized primary suite has a sitting area, and a large bath with dual vanities, soaking tub, and separate shower.The thoughtfully finished basement adds meaningful extra living space with a wet bar, an additional living area, a bedroom, a bathroom, and a movie theater with top-of-the-line surround sound. Outside, the covered front porch and large rear deck extend the living space and create inviting spots to relax or entertain, while the elevated setting and neighborhood views add to the home's open feel.
The Anthem community is centrally located in Colorado with 20+ miles of trails, tons of pocket parks, pump track, skate park, and a rec center with water slides, pools, basketball, climbing wall, event rooms, gym, and a ton more! Within 1 mile you will find a super market, golf course, restaurants, and highway access. Within 3 miles you'll find Costco, Living Spaces, Home Depot, Children Hospital and top rated schools. Within 5 miles you'll find Target, In-N-Out, Lifetime Fitness. Also perfectly located close to downtown Denver, Boulder, the mountains and 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