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8 Red Tail Dr
About This Property
The upper level features a stunning master suite with its own fireplace, plantation shutters, sitting area, luxurious master bathroom, deck with a view, and a custom walk-in closet-Three spacious secondary bedrooms, all with their own en suite bathrooms & walk-in closets top off the upper floor. The walk-out basement is perfectly set up for a mother-in-law, teen, or nanny quarters. Offering a huge private bedroom with custom built-ins, bathroom with sauna, a full bar, gym area, game/rec room, media room, and flex space. Enjoy the outdoors all year with an oversized covered patio & a beautiful park-like yard. You'll feel like you're away from it all, yet you're close to shopping, restaurants, parks, trails, light-rail, 470, I-25, DTC, and Denver! Highlands Ranch amenities include activities, events, the Backcountry Wilderness Area, and 4 HRCA Recreation Centers.
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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