7997 Emerald Ln
About This Property
The property also boasts six storage sheds, a dedicated dog run and two guest parking spots in the front with an additional four spots in the back through your private gated driveway; providing ample space for tools, equipment and all of your vehicles and toys! Additionally, the pressure-treated wood deck with a charming pergola offers the perfect setting for outdoor gatherings, barbeques and relaxation.
Enter inside, and you will find that the home itself is equally fantastic! The thoughtfully designed interior features three comfortable bedrooms and two full bathrooms. The large, oversized kitchen features a walk-in pantry with a built-in spice rack. The centerpiece of the home is the fantastic living room with vaulted ceilings and gorgeous windows, bathing the space in natural light. The property also offers a bonus patio room, providing even more living space that can be adapted to fit your needs.
Conveniently located close to US 36 and 287, commuting to Boulder, Denver and the surrounding areas is a breeze. This prime location also offers the unique advantage of being zoned B-2, providing for a potential live-work opportunity.
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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