4641 Dixon Dr
About This Property
Three bedrooms on the main level offer flexible living arrangements. The primary bedroom, converted from the original garage, features built-in cabinetry and a generous walk-in closet. The partially finished basement is full of potential, with drywall already in place, polished concrete floors, a fourth non-conforming bedroom, and an attached bath. A radon mitigation system was installed in 2023 and serviced in 2025 for added peace of mind.
Major mechanical upgrades have already been taken care of, including a furnace, central A/C, and whole-house humidifier installed in 2023, reflecting the pride of ownership evident throughout the home.
The backyard is a true retreat. Mature trees create a peaceful canopy, and with the property backing to a historic irrigation ditch, there are no direct rear neighbors. A tranquil pond featuring waterlilies from the Denver Botanic Gardens anchors the space, offering a rare blend of beauty and privacy.
Enjoy easy access to Highway 36 for commuting to Denver or Boulder, plus close proximity to Hyland Hills Sports Center, the new Trader Joe's, and a wide variety of shopping and dining options.
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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