3502 First Light Drive
About This Property
This home has amazing upgrades to include granite countertops, stainless appliances, kitchen cabinets and newer carpet in the master. When entering you will be pleasantly surprised by the open floor plan and grand entry way. This home offers 1870 sq. ft. on the main level and 704 sg. ft. on the upper level, 3 bedrooms, 2 which are on the main floor and the 3rd located upstairs has it's own bathroom and large walk-in closet, 3 bathrooms and a 2 car garage. Washer and dryer are included. The spacious kitchen has a large kitchen island and all appliances are included. Upstairs you will find a massive multi-purpose room/loft that can be used as a home theater, living room, library, home gym or playroom! Yard is fenced and zero scape for low maintenance. Walking distance to Clear Sky Elementary and Bison Park! HOA includes use of The Grange and The Taft House community pools. Close to Ridgeline Trailhead. This fantastic neighborhood has a high school, middle school, several elementary schools, hospital, ACC/CSU college campus, movie theatre, lots of restaurants, salons and shopping! Easy access to I-25, Denver and Colorado Springs.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by JARIS REALTY INC. | $599,000 | |
| Listed by JARIS REALTY INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017