5361 Citation Cir
About This Property
A spacious covered front porch welcomes you inside, where you'll find hardwood floors throughout the main level, a dedicated office, formal dining room, and a light filled family room featuring a gas log fireplace. The open kitchen is a true centerpiece, featuring a large island, granite countertops, an ILVE double oven with gas range top and hood, and a cozy breakfast nook overlooking the natural landscape.
Expansive windows throughout the home fill each room with natural light and frame serene mountain and meadow views. The walkout basement provides additional living space and flexibility for guests, hobbies, or multigenerational needs. Step outside to a raised covered deck-ideal for year round enjoyment-and take in the peaceful setting and abundant wildlife that make The Pinery so special.
Additional highlights include a 3 car garage, southern facing exposure in front, and a 73 gallon water heater. Built in 2006 and meticulously cared for, this home embodies the enduring appeal and community charm that make The Pinery one of Parker's most desired neighborhoods.
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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