295 Conrad Dr
About This Property
Step inside to freshly refinished solid oak hardwood floors, new carpet, warm oak trim, solid-core stained pine doors, and natural light throughout. From the kitchen and den, Longs Peak creates a stunning backdrop-especially in winter-with year-round mountain views continuing upstairs.
The main level offers flexibility that's hard to find. A legal bedroom with French doors and direct access to the powder room works beautifully as a guest room, private office, or multigenerational space. The family room features built-in surround sound, while black stainless appliances bring a modern edge to the kitchen.
Upstairs, the primary and guest baths have been newly remodeled with beautiful tile and premium fixtures.
Outside, the fenced backyard offers convenient street-side gate access, while the three-car garage connects directly to the backyard. The unfinished walkout basement offers exceptional potential for additional living space, a gym, media room, guest suite, or whatever comes next.
The upgrades go well beyond what you can see. A newer high-efficiency Bryant furnace and A/C, Navien tankless water heater, new north-facing windows, and a new hail-rated roof with transferable 40-year warranty add confidence for years to come. The home was also constructed on piers extending to bedrock with structural steel floor joists and a wood subfloor-thoughtful construction particularly well suited to Colorado's expansive soils.
And that south-facing exposure? More sunshine, beautiful natural light, and a driveway where Colorado snow tends to disappear a little faster.
Views. Space. Solid construction. A three-car garage. Walkout basement potential. And a corner-lot setting that makes this one stand apart.
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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