39
Map
355 Texas Dr
About This Property
Enjoy a spacious deck ideal for sunrise mornings and evening sunsets overlooking the mountains. The interior showcases designer paint, newer pine doors, neutral carpet, slate and ceramic tile, and rich granite finishes throughout.
The gourmet kitchen is beautifully appointed with soft-close shaker cabinetry, stainless steel appliances, and an expansive granite island-perfect for entertaining. Both bathrooms were fully remodeled with custom tile and clean, modern finishes with a relaxed feel.
Additional upgrades completed in 2016 include the furnace, updated fixtures, and numerous interior improvements, along with a newer roof. The open living area offers a cozy fireplace insert while the spacious primary suite provides a private retreat with ample storage.
Step outside to a massive deck complemented by a covered outdoor hot tub, creating the ultimate indoor-outdoor living experience with a private, relaxed, getaway-like feel and breathtaking views!
HOA amenities include access to two private, trout-stocked lakes and the historic Alice School House for gatherings and events. Outdoor enthusiasts will appreciate direct access to trails along the Continental Divide between Dumont and Central City-ideal for ATV and year-round recreation.
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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