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325 Mulberry Cir
About This Property
With 1,321 square feet, 3 bedrooms, 2 bathrooms (1 full and 1 three-quarter), and a 2-car garage, this home provides a manageable layout that works for a range of lifestyles-whether you're starting out, settling in, or simplifying. The main level features an open living and dining area that connects to a partially updated kitchen, complete with stainless steel appliances, a newer sink, and functional finishes.
All bedrooms are upstairs with brand new carpet, including the primary bedroom with good natural light. Bathrooms are clean and serviceable, with room for personalization down the line. The finished lower level adds bonus living space that could serve as a family room, office, or play area. Important system updates have already been taken care of, including a new furnace, AC, water heater, and washer/dryer (2023).
Outside, you'll find a fenced backyard with a patio for grilling or relaxing, and a low-maintenance front yard with xeriscaping. A radon mitigation system is already in place, and there are no known sewer issues.
Greenway Park offers a walkable lifestyle near shopping, schools, parks, trails, Par 3 golf course, and the soon to be Broomfield Town Square. This location also offers convenient driving access to US-36, and I-25. It's a smart opportunity to get into a great location with promising value.
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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