425 G Ave
About This Property
The main level features an open floor plan with durable luxury vinyl plank flooring and a wood-burning fireplace that anchors the living room. The living room flows into the kitchen boasting granite countertops, stainless steel appliances, and a butcher block bar with extra cabinet storage. On the other side of the living room, an attached sunroom provides great extra space for an outdoor dining area, second living room, or relaxing space.
Two large bedrooms and a full bathroom are located on the main floor, with two more large bedrooms, a three-quarter bath, and a large family room downstairs offering an additional wood-burning stove fireplace. The layout has flexibility for families, guests, or a home workspace. The two-car garage and laundry area add function, with plenty of extra room for storage.
Out back, the yard has space for gardening, entertaining, or letting kids and pets play. Located close to Limon schools and just minutes from downtown, this home offers a great mix of updates and usable space in a quiet, convenient location. If you're looking for a clean, well-cared-for home in Limon, this is it!
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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