6561 Hillside Way
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by RE/MAX Alliance | $775,000 | |
| Listed by RE/MAX Alliance | |||
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Suburban splendor awaits at 6561 Hillside Way-nestled within Parker, CO's wildly popular Pinery subdivision. This 4-bedroom, 3-bathroom ranch boasts over 3,400 square feet of living space, inviting you to experience the epitome of main floor living comfort & convenience. With vaulted ceilings & a welcoming front porch, natural light fills this charming home creating an atmosphere that feels both airy & intimate. If 3 bedrooms & 2 full updated bathrooms on the main level with newly refinished floors & fresh carpeting do not get your attention, perhaps the piece de resistance that is the expansive & covered M-A-S-S-I-V-E back deck with built-in grill will and brings "al-fresco dining" to a whole other level! Overlooking a lush greenbelt, the backyard offers a serene backdrop for relaxation & recreation, complete with a convenient storage shed to house all your outdoor essentials. Inside, warmth emanates from two cozy fireplaces- infusing the home with a sense of coziness & charm. Descend to the lower level to discover a 4th conforming bedroom with an ensuite bathroom, along with the potential for a 5th non-conforming bedroom or bonus room, limited only by your imagination. The allure doesn't end there. Picture the peace of mind that comes with a new Class 4 Impact Hail Resistant roof recently installed in 2023, a water heater replaced in 2019, & the furnace and AC units replaced in 2020. With these big-ticket components already addressed, you can simply relax and enjoy the comforts of home. And for the hobbyist or craftsman, a delightful surprise awaits-a fully permitted attached workshop, complete with heat & electrical & large loft space. Whether you're a seasoned woodworker or an aspiring DIY enthusiast, this dedicated space promises endless possibilities for creative expression & exploration. This home exudes pride of ownership and incredible value so don't wait long and get your showing on!
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| Dec 16, 1997 | Sold | ||
| Sold | |||
| Jun 30, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017