4860 King St
About This Property
The hardwood floors throughout draw you into the updated kitchen with ample cabinet storage and granite countertops. Beyond the kitchen is a mudroom and laundry space, which takes you to the backyard -- perfect for outdoor entertainment, with shaded areas for seating a large patio space, new sod, and includes a chicken coop. Head downstairs where a third bedroom could easily be added with an egress window already in place.
New AC, fresh interior paint, a 2018 roof, and 4 off street parking spaces. Access to downtown Denver or a quick drive to the foothills and mountains is easy via I-70.
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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