4721 S Simms St
About This Property
Welcome to 4721 S Simms Street, a unique white stucco black trim gem nestled in the heart of the Friendly Hills neighborhood in Morrison, Colorado. This single-family home has been entirely renovated, possessing a charm and charisma all its own.
Step inside to appreciate the handsome tile flooring and modern recessed lighting in the living room, which blends effortlessly into the dining and kitchen areas. The kitchen, spacious and sleek, showcases elegant granite countertops, a substantial center island with seating, and a convenient walk-out to the expansive backyard.
The living room basks in abundant natural light and provides warmth and character with a wood-burning fireplace and a chic white brick accent wall. Retreat to generously sized bedrooms boasting laminate floors and easy access to a fully modernized bathroom.
This residence boasts two generously sized bedrooms, each showcasing gleaming laminate floors and convenient access to the freshly updated bathroom.
Unique to this property is the delightful 'bunkhouse' out back. This flexible space could be your dream studio, a tranquil home office, workout space, or accessory dwelling unit.
Vehicle needs are well-catered with an attached two-car garage and equipment garage.
The location is simply sublime. Immerse yourself in nature with a leisurely walk to local parks, the tranquil Harriman Lake, or the lush surrounding greenbelts. When you crave some city life, find local shopping and dining destinations mere moments away on Belleview and Simms.
4721 S Simms Street is more than a home, it's a lifestyle. A unique acreage in the area, with its enticing blend of modern living and natural beauty, is waiting to be your personal retreat. Don't miss this rare opportunity!
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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