4142 S Lewiston Circle
About This Property
3 bed/3 bath, Dining/Family Room combination, plus a partially finished basement with flexible living space, that can be an additional bedroom, Office, or work-out room has a bathroom attached. The basement also has a storage area and washer/dryer hookups. All this equals 2528 Sq ft of living space. Enjoy the white kitchen cabinets, newish appliances, granite countertops, and kitchen pantry. surrounded by windows that allows you to enjoy the 300+ days of natural sunlight that we enjoy here in Colorado. 4142 S. Lewistion has easy entrance both front and back, Cherry Creek Schools, reasonable property taxes, and no HOA fees.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017