3928 Frailey Dr
About This Property
The attached ADU offers an additional 808 sq. ft. with 1 bedroom, full kitchen, two 3/4 baths, LR, a combo washer-dryer, potential sauna space, and 2 decks-one on each floor-providing mountain views from the upper deck.
The insulated, heated, and oversized 1,429 sq. ft. 3-car garage includes a flex space with water, gas, and a separate entrance-perfect for a home office or business. The garage has been converted to accommodate a lift & features a mechanic's pit, EV charging, and wall-mounted ultra-quiet garage door openers. There are storage areas throughout, several utility door entrances and even a 4th small bay for a motorcycle or ATV.
This peaceful horse property also features a loafing shed, chicken coop, storage shed, peach orchard, greenhouse, a 16'x32' above-ground pool (with heater, upgraded pump, and robot cleaner), a sand volleyball court, and mature trees throughout.
Properties like this-unique and situated in unincorporated Boulder County with no HOA-are rare. Don't miss your chance to see it today!
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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