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5431 Suffolk Cir
About This Property
Step inside to soaring vaulted ceilings filled with natural light and enjoy the warmth of a stunning three-sided fireplace that anchors the main living spaces. Updated flooring flows throughout, leading you into a thoughtfully renovated kitchen featuring stainless steel appliances, a modern glass tile backsplash, and a custom pantry designed for both style and function.
Upstairs, spacious bedrooms offer walk-in closets and comfortable retreats for everyone. Major updates include a new water heater, providing peace of mind for years to come.
Outside, the fenced backyard is ideal for entertaining or relaxing, complete with a raised deck overlooking open space. The south-facing driveway is a Colorado bonus, helping with natural snow melt in the winter months.
Located just minutes from Castle Rock's charming downtown, dining, shopping, and quick access to Denver, this home blends community charm with everyday convenience. With trails at your doorstep and space to grow, this is Colorado living at its finest.
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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