4042 S Atchison Way
About This Property
Meadow Hills golf course is move-in ready and features 4 bedrooms and 4 bathrooms, with an
inviting outdoor oasis and a private studio apartment or rec room. On the main level, you'll
find a large kitchen with granite countertops and ss appliances, opening to a spacious dining
room and living room. The living room features two-story ceilings and fireplace with stunning
stone and onyx. The main floor also includes a spacious half bath and full-size w/d. On the
second level is the primary bedroom with ensuite bath, two large closets and balcony
overlooking the living room. Also upstairs are two bedrooms with an adjacent full bath. In the
newly finished basement, you'll find a well-designed, 580 sf studio apartment with fully
equipped kitchen, large living/bedroom, double closets, full bath and storage. Great for multi-
generational living! This must-see home in Cherry Creek school district and across from Cherry
Creek State Park also boasts newer windows, HVAC, water heater, garage door, paint, and too
many updates to list!
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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