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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 21, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Coldwell Banker Realty 28 | $770,000 | |
| Listed by Coldwell Banker Realty 28 | |||
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Nestled near the top of the mountain in Kings Valley, this updated mountain contemporary home offers some of the most breathtaking south-facing views imaginable. Enjoy clear unobstructed views of Pikes Peak and both Long and Short Scraggy Peaks from the comfort of the main level living areas. The living spaces have been thoughtfully designed to capture these views, ensuring that the grandeur of the outdoors is always a glance away, creating a serene and awe-inspiring atmosphere. The living spaces are drenched with abundant natural light and warmth, creating a welcoming ambiance in the living room, kitchen, and dining area. Main level comfort is enhanced by a convenient bedroom, featuring a new sliding glass door opening to a charming Juliet balcony, paired with a full bathroom. The creative transformation of an upper-level storage area into a loft has added valuable living space, complete with new flooring, fresh drywall, updated lighting, electrical enhancements, and a new window. The private primary suite opens to an inviting sunroom with outdoor access, complementing the lower level, which also encompasses a third bedroom, another full bathroom and a sizable laundry room. Cozy pellet stoves provide a comfortable atmosphere on the main floor and lower level. Additional upgrades include new vinyl flooring on the main level, fresh exterior and interior paint, resurfaced the lower level flooring, resurfacing the tub and tile in two bathrooms, two new skylights and much more. The property offers an oversized two-car garage, providing ample space for vehicles and outdoor activity storage, a must-have for adventure enthusiasts and hobbyists alike. Only one hour to DIA and Loveland Ski Resort.
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| Oct 7, 2021 | Sold | ||
| Sold | |||
| Aug 12, 2021 | Listed | $665,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017