31514 Kings Valley Dr
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | Listed by Your Castle Real Estate Inc | $850,000 | |
| Listed by Your Castle Real Estate Inc | |||
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Your home search ends here at this incredible mountain home with stunning views of snow capped Pikes Peak! Walk into the home and you'll instantly be dazzled by the vaulted ceilings and wall of windows showcasing the panoramic mountain views. Natural light is abundant in this home, and also serves as passive solar heat in the winter. The open floor plan allows for easy entertaining, where the cook can be part of the action when guests are present. The brand new Trex deck is a great place to admire the views, but be sure to also check out the all weather entertaining space below, where you can enjoy the game on TV while staying warm by the infrared heaters or in the new hot tub. The home's primary suite is on the second floor of the home and includes a walk in closet and ensuite bath with shower, soaking tub and double sinks. The upstairs loft is a perfect place for reading, a home office or to take in the views while putting miles on the Peloton. The lower level with tall ceilings is unfinished and ready for your customization, perhaps for a 4th bedroom, rec room or home gym. There are plumbing rough ins for another bathroom in this area as well. You'll have peace of mind from day one with a new furnace, water heater and central AC in the home. Kings Valley offers an easy transition to mountain living with city water and sewer services (no well or septic to maintain) and county maintained roads. You're minutes to retail in Conifer, close to Staunton State Park and endless Jeffco Open Space parks for hiking and mountain biking, plus world class fly fishing on the South Platte River. Make your dream of mountain living a reality today!
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| Jul 27, 2022 | Sold | ||
| Sold | |||
| Jun 29, 2022 | Listed | $725,000 | |
| Listed | |||
| Jun 8, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017