Welcome to the one you've been waiting for! Built in 2018 and
meticulously maintained, this stunning 4-bedroom, 2.5-bath home
sits on a picturesque 1.14-acre lot in Westminster and has been
thoughtfully upgraded in all the right places. From the moment you
arrive, you'll appreciate the newly repaved driveway, beautiful new
front door, and impressive oversized 3-car detached garage offering
exceptional storage, workspace, and parking. Inside, you'll find a
long list of recent improvements, including a renovated primary
bathroom, new carpet, updated kitchen with a new island, new
appliances, a beautiful new fireplace, and a newly finished
basement complete with a rough-in for a future full bathroom. Every
upgrade reflects the pride of ownership and care this home has
received. Outside you will enjoy the new patio, fenced yard, and
scenic views of the non developed open space across the front of
the property providing a peaceful backdrop you'll enjoy for years
to come. Tucked away on a quiet dead-end street with virtually no
through traffic, this location offers a safe and welcoming
environment where children can play, ride bikes, and enjoy the
outdoors. Combining modern updates, spacious living, beautiful
views, and a sought-after setting, this is a rare opportunity to
own a truly move-in-ready home in a wonderful Westminster location.
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.
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