513 Pebble Beach Ave
About This Property
Investing in solar energy is a wise choice for Colorado homeowners, given the state's ample sunny days, high utility costs, and an outdated grid, pointing towards sustained rate increases. Ownership or financing of solar systems guarantees stable payments for 25 years, shielding you from utility expenses post-full payment. With Excel's annual increase averaging 8.1%, adopting solar allows for compounded savings, often surpassing this rate. The sellers have locked in a steady payment for the next 20+ years. Solar panels come with a 25-year warranty, ensuring long-term performance at 80-85% efficiency. Inverters, backed by warranties ranging from 12 to 25 years, enhance the reliability of your investment. Comprehensive coverage, including Acts of God and homeowner-inflicted damage, provided by homeowner's insurance adds an extra layer of security. Embracing solar not only ensures financial stability but also reflects a forward-thinking, environmentally responsible decision for homeowners in Colorado. If you have any inquiries or wish to delve deeper into this opportunity, feel free to contact us.
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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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2023 | Listed by Key Team Real Estate Corp. | $438,500 | |
| Listed by Key Team Real Estate Corp. | |||
| | |||
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Discover the perfect blend of modern and cozy living in this 4-bedroom, 3-bathroom single family home in Johnstown, Colorado. With approximately 1,500 sq. ft. of living space and a 7,600 sq. ft. lot, this residence offers a spacious open floor plan. The bright and airy living area seamlessly transitions to a dining space, while the gourmet kitchen boasts stainless steel appliances, and an inviting breakfast bar. A versatile main floor bedroom doubles as an office or guest room, the master suite is a retreat with an ensuite bathroom. Outside, the private backyard is the perfect place for outdoor gatherings. Located in a family-friendly neighborhood, this home provides easy access to shopping, dining, schools, parks, and community amenities. Additional features include a 2-car attached garage, a laundry room, and central heating and air conditioning for year-round comfort.
Investing in solar energy is a wise choice for Colorado homeowners, given the state's ample sunny days, high utility costs, and an outdated grid, pointing towards sustained rate increases. Ownership or financing of solar systems guarantees stable payments for 25 years, shielding you from utility expenses post-full payment. With Excel's annual increase averaging 8.1%, adopting solar allows for compounded savings, often surpassing this rate. The sellers have locked in a steady payment for the next 20+ years. Solar panels come with a 25-year warranty, ensuring long-term performance at 80-85% efficiency. Inverters, backed by warranties ranging from 12 to 25 years, enhance the reliability of your investment. Comprehensive coverage, including Acts of God and homeowner-inflicted damage, provided by homeowner's insurance adds an extra layer of security. Embracing solar not only ensures financial stability but also reflects a forward-thinking, environmentally responsible decision for homeowners in Colorado. If you have any inquiries or wish to delve deeper into this opportunity, feel free to contact us.
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| Oct 1, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed | $414,500 | |
| Listed | |||
| Oct 31, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017