6222 Yale Dr
About This Property
Prepare to be impressed as you venture downstairs to the fully finished walk-out basement. Offering versatility and ample space, it is perfect for a playroom, workout room or entertainment space. There are two full size bedrooms and a shared hall bath with a new vanity, shower and storage. Completing the basement is the laundry room with ample storage, newer washer and dryer and folding space. Situated in a prime location, this home provides easy access to C-470, Park Meadows, and the best South Denver has to offer. Embrace an active lifestyle with nearby open spaces, trails, and parks, inviting you to explore the great outdoors.
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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