4540 Tarragon Dr
About This Property
Wonderfully appointed home in the highly desirable neighborhood of Thompson Crossing, NO METRO TAX! This spacious home offers an entryway with tall two-story ceilings, creating an airy and inviting atmosphere. Down the main hall, the open living room also features soaring ceilings and a cozy gas fireplace, perfect for chilly Colorado evenings. The living room leads seamlessly into the kitchen which features a convenient breakfast bar, sleek stainless steel appliances, and granite countertops. Adjacent to the kitchen is a formal dining room, providing an ideal space for entertaining. The main floor primary bedroom has vaulted ceilings and a stunning five-piece en-suite bathroom. Upstairs, there are two additional bedrooms and a full bathroom ensuring ample space for everyone. A convenient main floor laundry room provides access to the 3 car attached garage for everyday ease. The home also features a huge unfinished basement, providing endless possibilities for customization! Outside, enjoy summer nights on the upper back deck or relax on the large patio surrounded by a lush lawn. As a resident of this wonderful community, you have the option to utilize the patio home services offered by the HOA for an additional fee for convenient snow removal and mowing. Enjoy the neighborhood trail along the Big Thompson River, Sculpture park, and walking distance to Scheels, restaurants and more shops, and convenience to I25 and Hwy 34!
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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