5827 TIMBER POINT Way
About This Property
Interior is meticulously maintained and features an open floor plan with gorgeous extensive engineered hardwood flooring and custom light features throughout. The main room features a 24ft multi- panel sliding stacked glass door that looks out onto the deck and beyond to beautiful Pikes peak views and stunning pines. Main floor has vaulted ceilings with exposed beams, formal dining, double sided floor to ceiling stacked stone fireplace. The kitchen includes 42" craft cabinetry, quartz countertops with tile backsplash, two ovens, cooktop, luxury stainless appliances, and an extensive line of fit and finish options to complete your dream kitchen.
The spacious master suite has a door to the deck, tray coffered ceiling. The view from the master suite is gorgeous. Master bath with large walk-in closet, free standing tub, oversized walk-in shower and double vanities. 2 spacious guest beds with private baths and walk-in closets and a versatile bonus room that can be used as an office or formal living room.
The walkout basement's interior is comprised of 1-bedroom, full bath, huge rec room, large bar, Pool table/shuffleboard area, two oversized storage rooms and a fantastic wall to wall glass gym. Don't miss out on this exceptional opportunity - schedule a viewing today and start living in the Colorado dream!
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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