3296 E 115th Dr
About This Property
this beautiful home from refinished hardwood floors to new carpet, tile & laminate, LED lighting, electrical system updated w/new receptacles & switches, new furnace & A/C, ducts professionally cleaned, new & upgraded sewer line w/clean-outs, basement windows, new leaf guards, locks w/kwikset smartkey solutions, fireplace converted to gas & more. 2019 new water heater & roof. Gorgeous yard features updated new high-efficiency sprinkler heads, all new valves for ease of care. Light rail within walking distance (but not too close), Easy access to I-25, DIA, E-470, Boulder and Downtown Denver. Shopping and many restaurants nearby. Great Parks and Rec Center a hop and a skip away. Beautiful block with mature landscaping and 5-star schools. This is everything you have been hoping to find, if not better!
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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