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Map
341 Mulberry Cir
About This Property
The house itself lives wonderfully. Open floor plan, updated kitchen and updated baths with the optimal 3 bedrooms on the top floor.
The walk-out lower floor leads to the backyard w/ treehouse, three large vegetable planters, native and low water wildflowers/trees, shed and new patio. The backyard gate opens to walk/bike trail to network of additional trails that lead to Ryan Park, soccer fields and multiple playgrounds.
The amenities close are wonderful! Grocery shopping, restaurants and also two great brewpubs with summer live music within one mile which is easily walkable/bikeable: Wonderland Brewing and Rails End Brewing. Also about a mile away are the Broomfield Community/Rec Center, Library, Auditorium and Bay Aquatic Park.
Future Broomfield Downtown planned right across 120th Ave. Less than a mile away.
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Cap Rate Calculator
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