5507 Palomino Way
About This Property
The town of Frederick is growing quickly and has all the essentials for shopping and restaurants in town or in the neighboring communities. The St Vrain Valley School District is highly regarded and was won numerous awards in recent years. With easy access to Interstate 25, driving south to the Denver metro area or north to Ft Collins is a snap. Travel to Boulder and the front range of the Rocky Mountains is also very accessible from this gem of a community.
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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 |
|---|---|---|---|
| Jun 3, 2021 | Sold | ||
| Sold | |||
| Mar 24, 2021 | Listed | $550,000 | |
| Listed | |||
| Jul 15, 2015 | Sold | ||
| Sold | |||
| Apr 20, 2015 | Listed by DR Horton Realty LLC | $430,000 | |
| Listed by DR Horton Realty LLC | |||
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BRAND NEW HOME W/BUILDER WARRANTY! ENJOY THIS GREAT CORNER LOT HOME W/ MAIN FLOOR MASTER! 3 SPACIOUS UPSTAIRS BEDROOMS INCLUDING 1 WITH A PRIVATE BATH! BEAUTIFUL FINISHES IN THE GOURMET KITCHEN INCLUDING UPGRADED CABINETS, HARDWARE & STUNNING BACKSPLASH! LG ISLAND OVERLOOKS THE EATING AREA & GREAT ROOM. GORGEOUS FLOORING THROUGHOUT! APPRECIATE THE OUTDOORS W/ YOUR FULL YARD LANDSCAPING INCLUDING IRRIGATION & REAR FENCING. WONDERFUL AMENITIES INCLUDING COMMUNITY POOL & TRAILS TO MILAVEC LAKE.
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| Mar 19, 2015 | Listed | $425,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017