315 Mount Vernon Ave
About This Property
Enjoy views of Mount Falcon and Red Rocks Park from your extensive natural rock landscaped lot. From your deck, relax next to a small natural amphitheatre with a beautiful water feature. House was completely restored in 2002 with new plumbing, electrical, and windows, as well as an addition of a bedroom and upstairs an art or yoga studio.
Radiant floor heat in the back bedroom and upstairs make this home very energy efficient. Gas burning stove in the living room creates a cozy warm home.
Amazing location...walk to downtown Morrison and all of the local open space trails.
This is a must see!
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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