7164 Rafter Rd
About This Property
The 4 stall new barn is perfect for you to bring your horses or big toys. There are two other outbuildings for all your animals. There is two fully fences pastures with a fenced riding area. Close to trails for horse back riding, hiking and biking this is the perfect location. Close to Elizabeth, Castle Rock and Parker, this Franktown gem will not last long.
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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