815 Allen Dr
About This Property
The main floor features a private office, formal living and dining areas, and a spacious kitchen complete with a large island, ample cabinetry, appliances, and a cozy eating space. The adjoining family room offers impressive ceiling height and breathtaking mountain views, along with warm wood flooring that continues through the entry. Convenience meets function with a main floor laundry room, including washer and dryer. Upstairs, a versatile loft provides additional living space, while the primary suite showcases wood floors, a private deck with incredible views, a beautifully remodeled bathroom with a luxurious oversized shower, and a custom closet.
The unfinished basement offers plenty of room for future expansion or storage. Additional highlights include a 3-car garage, central air conditioning, and a spacious backyard with a deck-perfect for relaxing or entertaining. Ideally located just a short drive to the foothills and Old Town Longmont, where you can enjoy local shops, dining, and community charm. Move-in ready and in excellent condition-this home is not to be missed!
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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