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4510 Castle Ln
About This Property
Whole House Water Filter System. Kitchen - GE Monogram Dishwasher, Trash Dispenser, & 5 Burner Gas Top Stove. Double Monogram Convection Oven. Thick Granite Counter Tops, Under Mount Rectangular Stainless Steel Sink, Soft Close Cabinets, Upper Cabinets w/ Crown Molding, Gourmet Island, In Kitchen Dining, Wine Bar. Laundry Room - Oversized, Folding Table, Wash Tub, Walk-in Pantry and Chefs Desk. Garage - Oversized 3 Car, Work ShopTable Level Outlets, Tesla Electric Charging Station. The Broadlands, one of the most popular subdivisions in Broomfield, Colorado, is made up of 23 different neighborhoods. The Broadlands community has an expansive layout as homes are built around the well-manicured golf course, in addition to several parks and many walking trails. With top amenities, an abundance of housing options, on top of unparalleled views of the Rocky Mountains, it's easy to see why the Broadlands neighborhood is so desirable among buyers. An appraisal at $1,300,000 dated 4.18.23 and disclosures are available and posted in the MLS.
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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