40 Golf Course Circle
About This Property
Key Features:
" Great Room: Soaring ceiling with breathtaking views of the Continental Divide.
" Open Layout: Seamlessly integrates the great room, gourmet kitchen, and dining areas.
" Gourmet Kitchen: Features modern appliances, ample storage, and premium finishes.
" Primary Suite: Main floor master with an upgraded master closet for your convenience.
" Lower Level: Offers a second living area along with three spacious bedrooms and a versatile office/study space.
" Outdoor Living: Flagstone patio with a gas fire pit, stunning landscaping, two sets of decks, and an outdoor dining area.
" Additional Amenities: Quiet & secluded living, two fireplaces, southern exposure with great light, and a beautiful Bullfrog hot tub.
Recent Upgrades:
" New roof, wood floors, kitchen cabinets, and master closet in 2019.
" Enhanced landscaping in 2020.
" New washer and dryer, bathroom and window upgrades in 2022.
" All-new GE appliances in 2023.
" Lifetime home upgrades exceeding $312,000 since 2011.
Additional Details:
" Sold unfurnished.
" Showings begin May 23.
" Open House on May 25.
This remarkable property combines luxury, comfort, and convenience in a serene, picturesque location, perfect for those seeking an elevated mountain lifestyle for full time or part time living. Contact us to schedule your tour 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