514 Ranchhand Dr
About This Property
Upon entry, you'll be greeted by a spacious foyer, tall ceilings, and stylish vinyl plank flooring. Bathed in abundant natural light from its west-facing orientation, this home offers a functional design, with two guest bedrooms positioned at the front and the primary bedroom situated on the opposite end. The open concept layout seamlessly integrates the kitchen, dining, and living areas, perfect for both everyday living and entertaining.
Granite countertops adorn the kitchen and bathrooms on the main level, enhancing the aesthetic appeal and functionality. The primary bedroom features a generously sized walk-in closet and convenient access to the laundry room. Descend to the fully finished basement, where you'll discover two additional bedrooms and a full bathroom, along with a spacious open living area awaiting your personal customization. Whether you envision a dry bar, workout room, or extra bedroom, the possibilities are endless.
Ample storage options abound, including hidden closets, ensuring clutter-free living. Step outside to the low-maintenance backyard, complete with a sizable patio and retractable awning, offering an idyllic setting for outdoor dining and relaxation.
Situated in the esteemed Prairie Star community, residents can enjoy a plethora of amenities, including parks, basketball and pickleball courts, community gardens, dog parks, a community pool, and various events throughout the year. Conveniently located near TPC golf, Berthoud Reservoir, Carter Lake, and the new Berthoud Recreation Center, this home offers both tranquility and accessibility.
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Price Decreased |
$620,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jun 15, 2024 | Price Decreased |
$630,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jun 8, 2024 | Relisted | $640,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017