606 SE Plaza
About This Property
Outside, you'll find an incredible backyard designed for enjoying Colorado's beautiful seasons. The expansive deck provides the perfect space for morning coffee, summer barbecues, or relaxing evenings under the stars. Mature cherry and apple trees, fresh landscaping, and a spacious yard create your own private outdoor oasis. Additional improvements include a newer roof, central air conditioning, skylights, seamless gutters, and numerous updates that provide peace of mind and make this home truly turnkey. A two-car garage offers plenty of room for vehicles, storage, or hobbies. Conveniently located with easy access to Highway 85 for commuting while still enjoying the quiet atmosphere of a welcoming small community, this home offers the perfect blend of comfort, convenience, and affordability. USDA financing eligibility may provide qualified buyers with a fantastic opportunity. Whether you're purchasing your first home, downsizing, or simply looking for a property that's been lovingly cared for, this one is ready to welcome you home.
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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