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8209 Nola Dr
About This Property
you will be greeted by abundant natural light, refinished solid oak hardwood floors and an inviting cozy fireplace with a
spacious open concept floor plan that seamlessly combines the living, dining and kitchen areas. The new gourmet kitchen
features white shaker cabinets, subway tile backsplash, brand new stainless steel appliances, vent hood, sleek quartz
countertops, a pantry and large center island with waterfall quartz tops, ample storage, preparation and eating space that add both functionality and style. The adjacent slider leads you to the backyard large covered patio making this the ideal setting for entertaining and relaxation all year round. Endless possibilities await in your serene private backyard with plenty of space for outdoor activities, gardening and recreation. The main level offers 2 bedrooms and a full updated bathroom. The fully finished
basement offers 2 conforming bedrooms with big egress windows, one non-conforming bedroom that can be used as an office, an updated 3/4 bathroom and a spacious sunshine filled family room with a large entertaining area perfect for movie nights, a rec area or home office. Freshly painted and featuring new main level windows including the oversized basement egress windows, a newer roof and newer central heating and cooling will add peace of mind and year-round comfort. The finished attached oversized 1 car garage has space to add storage or a workshop and the long wide driveway offers plenty of space to park additional cars, an RV or a boat. No HOA. Located 10 minutes from downtown with easy commute to Denver, Boulder or DIA and walking distance to RTD/Rail, schools, parks, gym, breweries and dining. This charming home with numerous stylish updates, spacious open layout, generous lot size and great central location is ready to move into!
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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