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29441 Rainbow Hill Rd
About This Property
The home's exterior includes an eclectic use of high-end materials including moss rock from the site, cedar, & metal including corten rusted steel, and 2" standing seam "Rebel Black" steel that is both hail and fire-resistant. Rarely does one find a home so meticulously designed to highlight its natural surroundings, connecting open, spacious interior living with open, spacious exterior living. The home embraces the best of outdoor living with four separate spaces totaling approx. 2,000 sf of deck/patio, each unique in sun exposure and all offering breathtaking views and private escapes into nature. Conveniently located in North Evergreen, less than a mile from Evergreen Pkwy and I-70, providing easy access to downtown Denver in 25 mins, main street Evergreen in 10 mins, or world-class ski resorts within 45 mins.
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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