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4089 Bountiful Cir
About This Property
Inside, the open kitchen and living area give you plenty of room to cook, gather, and spread out, and there's a fireplace for the colder months. Your primary suite is a retreat inside the home, with a 5-piece bath and a walk-in closet. Downstairs, a 728 sq ft unfinished basement is ready for whatever you have in mind: a rec room, a home gym, a guest suite, or all three. You get to build equity your way.
Out back is the part people will talk about. Your private composite deck is built to use every season of the year: morning coffee in the spring, dinners all summer, and crisp fall evenings under the Colorado sky. Beyond your own backyard, The Meadows HOA includes a clubhouse, a community pool, and neighborhood trails for walks, bike rides, and after-dinner strolls.
You're 5 minutes to AdventHealth Castle Rock, 8 minutes to the Castle Rock Outlets, and 10 minutes to I-25 for an easy commute to the Denver Tech Center or Colorado Springs. Downtown Castle Rock's shops and restaurants, plus the Rocket Fizz candy shop, are an easy back-road drive away. Schedule your tour and make this your next Happy Home.
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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