345 Scrub Oak Way
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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Listed by Compass - Denver | $690,000 | |
| Listed by Compass - Denver | |||
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Don't miss this great opportunity to live in the Woodmoor area of Monument bordered by the Pike National Forest to the west and offers access to hiking/biking trails and several lakes. Monument is a perfect location for commuters going to Colorado Springs and Denver. A unique combination of mountain feel and easy access to all amenities, schools and major highways. Enjoy ranch style living surrounded by Ponderosa pines and breathtaking views of Pikes Peak. Nestled off a private cul-de-sac, this property offers endless possibilities to create your own oasis. Enjoy morning coffee on the back deck as the sunrises or relax at days end as the sun sets behind the western mountain range. This incredible home and property is just waiting for you to bring your creative vision and make this home your own. As you enter, you will be immediately drawn to the expansive great room which showcases a vaulted ceiling with tongue in groove wood work. Large windows allow an abundance of light to stream throughout bringing the beauty of the outdoors and views inside! A large deck is located just off the great room and is a perfect place for entertaining or just enjoying the outdoors and views. The private primary suite is very large with 3/4 bath attached and walk-in closet. Main floor secondary bedrooms have their own wing with full bath. Either bedroom flexes to study or studio space. Casual dining is possible in the kitchen nook area with eat-in bar. Combination mudroom and laundry are accessible to oversized two car garage with workshop. Storage is abundant. Lots of possibilities! Lower level provides additional entertaining space along with another secondary bedroom including 3/4 bath. The desirable location and sheer beauty of this property is a rare opportunity with lots of potential.
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| Apr 26, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017