49191 E 48th Ave
About This Property
This custom built all-brick ranch home on a full-sized walk-out basement offers stunning views of the Rocky Mountains to the west and a picturesque slice of Americana with the Colorado plains to the east. Lovely and immaculate, this home features an open floor plan, high ceilings, granite countertops, hardwood floors in kitchen and dining room, tile entry and in bathrooms, gas fireplace, heated bathroom floors, SimpliSafe security system, air-conditioning, central vac, established trees and a large, covered composite deck. Also, huge rec room/2nd living room with separate entrance, originally used as a quilting room.
The unfinished basement includes a perfect room to create the ultimate wine cellar and also offers an ideal area for a theatre room!
A horse lover's dream property with a beautiful barn featuring two custom stalls and large tack room with a matching 3,150 sf shop awaiting your trailers, toys, hobbies and recreation.
Ideally located just off Hwy 79 on a 40-acre corner location, the quiet area offers a peaceful setting, all while enjoying quick access to I-70/Bennett just four miles away with DIA only 24 miles away.
This well thought-out property with amazing views is truly one-of-a-kind!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2020 | Sold | ||
| Sold | |||
| May 12, 2020 | Listed by Shorewood Real Estate NOCO | $949,500 | |
| Listed by Shorewood Real Estate NOCO | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017