3614 S Jebel Circle
About This Property
There are two bedrooms with a loft that has the potential for an easy conversion into a third bedroom, which leaves you the option to use the loft as a study/den/office space, or to eventually convert into an additional bedroom.
Not only is this home located on a pristine lot where the greenbelt is connected to the back yard, it's also in the award-winning and highly sought-after Cherry Creek School District. So, whether you are enjoying the greenbelt from the comfort of your back patio and beautiful lawn, or you're enjoying the carefully and thoughtfully updated living spaces inside, you're sure to find yourself at home here at 3614 S Jebel Circle.
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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