42
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727 Deer Clover Way
About This Property
and backs to the second fairway of the prestigious Ridge Golf Course at Castle Pines.
Relax and enjoy luxury living and stunning views from the deck or from inside the
house. This home has beautiful hardwood floors throughout the main floor with the
exception of tiled bathrooms. The formal dining room is spacious, vaulted and made for
entertaining and is separated from the great room by a half wall. The great room is large
and has a gas fireplace and entertainment niche. The adjacent kitchen has solid-surface
counters, stainless sink, refrigerator, dishwasher, stove and microwave oven which are
included. The kitchen features 42- inch maple cognac cabinets, a built-in desk,
and its own eating nook overlooking the golf course. The primary bedroom is vaulted
with more golf course views, and has its own 5-piece bath with a walk-in closet. The
main floor has a second bedroom and full bath/shower. The laundry/mud room leads to
the two car garage. Rod iron railing take you down to the garden-level basement that is
finished with a large family room, and a professionally built-in floor-to-ceiling
entertainment center with built-in speakers. A wet bar and bar refrigerator are a
welcome addition for entertaining. The basement also has a third bedroom that is
non-conforming and a 3/4 bath with steam shower, and plenty of storage. Outside the
mature yard has an expansive deck and a flagstone patio below extending to the side.
This location is ideal as it is 1/2 block to highly-rated Timber Trail Elementary and feeds
to Rocky Heights Middle School and Rock Canyon High School. Minutes to shopping
and restaurants! Make this wonderful home yours!
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Cap Rate Calculator
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