388 Sequoia Dr
About This Property
Nestled in a private, wooded setting with no HOA, this meticulously maintained 3-bedroom, 3-bath home sits on a spacious double lot, ideal for those seeking comfort, privacy, and serenity. Inside, an open floor plan blends modern living with rustic charm. The inviting living area flows into a large kitchen featuring a generous island with ample prep space and storage, plus a full pantry hidden behind a stylish sliding barn door.
The generously sized primary bedroom includes a walk-in closet and a luxurious 5-piece en-suite bath, creating a true spa-like retreat after a day outdoors. Ample storage throughout the home adds to everyday ease and livability. Upgrades include custom pine feature walls, a cozy fireplace, and a new roof in 2025.
For outdoor enthusiasts, the area offers trails ideal for ATVs, Jeeps, and dirt bikes, as well as numerous hiking and biking options. Nature comes alive here, with sightings of native wildlife, including majestic moose and roaming elk. You'll even encounter the magnificent big horn. Living in Twin Lakes means feeding your heart and soul with the Mountain lifestyle. It's not just a home; it's a gateway to a life filled with adventure. Embrace the lifestyle you've always dreamed of.
Buyer must verify all provided information, including measurements. 389 Sequoia Drive is the lot with the home, Acres: 1.024. 389 Mt Massive Drive is the vacant lot, Acres: 0.92.
Mount Elbert Water Association:
https://www.mountelbertwater.org/
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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