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6087 S Glencoe Way
About This Property
Heritage Village is an active and welcoming community located two miles west of the Denver Tech Center. The six tennis courts, two pools, and access to the 60+ mile-long Highline Canal and other trails allow you to take in the great Colorado outdoors, while meeting and connecting with your neighbors. Top that off with nearby favorite restaurants, an incredible school district, shopping, and light rail.. this neighborhood is truly remarkable!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017