409 W Lucerne Dr
About This Property
Inside, you'll find thoughtful upgrades throughout, including newly added living room windows that fill the home with natural light, a brand-new Trex deck, luxury vinyl plank flooring, fresh interior paint, and a stunning custom kitchen featuring ceiling-height cabinetry, dovetailed soft-close drawers and doors, butcher block countertops, and new appliances. The warm tongue-and-groove wood ceiling adds character and charm, creating an inviting atmosphere perfect for everyday living and entertaining alike. The primary bedroom features a custom closet system designed for functionality.
The newly renovated lower-level bathroom rounds out the thoughtful interior remodel, while outside, newly built garden beds create the perfect setting for gardening, relaxing, or enjoying Colorado's beautiful seasons. A 1-car EV-friendly garage with a 220V outlet provides added convenience and functionality.
With charming open views, nearby recreation, and stylish updates throughout, this Lafayette gem is move-in ready and full of warmth and personality.
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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