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About This Property
The kitchen has been recently upgraded with striking black and white granite countertops, high-end cabinetry with hidden storage features, stainless steel appliances, a gas range, and a pantry. It opens seamlessly to the family room and dining nook, creating an easy, comfortable space for everyday living and entertaining. The kitchen leads to the backyard with an over-sized deck, spacious backyard and a shed.
Upstairs, the primary suite offers a double-door entry, soaring ceilings, and a fully updated, spa-inspired bathroom complete with heated floors, dual vanities, granite counters, custom tile work, a glass-enclosed shower, a soaking tub, generous storage, and walk-in closet. Two additional bedrooms and a full bathroom complete the upper level, all in move-in ready condition.
The unfinished basement provides excellent storage and a strong opportunity to expand and customize to fit your needs.
Additional highlights include newer vinyl windows, an oversized driveway, A/C and a three-car garage.
Ideally located near parks, bike trails, and with convenient access to Downtown Denver, Boulder, and the foothills.
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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