3953 Kalamath St
About This Property
Outdoors, the 6250 double lot offers a newer 2-car garage, and a xeriscaped back yard with flagstone patio, where there is an explosion of color in the summer with perennials such as purple coneflower, black-eyed Susans, and peonies.
Situated on a quiet block, this home is ideally located ~ just a few blocks to light rail, easy highway access in any direction, the 40th & Fox pedestrian bridge, the South Platte bike trail, Ciancio Park, and many restaurants such as Huckleberry, Wolf's Tailor, Diebolt Brewing, Acova, Chubby's, & Mr. Peralta Mariscos, etc. Seller biked to work in LODO for years!
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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