8332 Merryvale Trl
About This Property
Setting a new standard in luxurious living, this brand-new ranch home is an amazing opportunity not to be missed. This high-end custom home was built by Joyce Homes, the #1 ranked Custom Home Builder in the Denver metro for 2018 and 2019 and is set on a 1.87-acre lot within the award-winning Vivant community, voted Community of the Year.
Impeccably designed, this home offers open-plan living, soaring 13' ceilings, and luxury upgrades including hardwood floors. It boasts the perfect orientation to make the most of the panoramic mountain views from the Foothills to Pikes Peak and over the surrounding 217 acres of reserved open space.
The expansive 5,345 sqft layout offers 4 bedrooms and 5 bathrooms including the stunning master suite. A huge walk-in closet for him and her and an ensuite with dual vanities, dual toilets, zero-entry shower and a luxe freestanding tub.
A designer kitchen sits in the heart of the home bursting with features such as a side kitchen, quartz countertops, quality appliances, and a butler's pantry. The kitchen overlooks the living and dining space that flows out to a balcony, perfect for entertaining. Do not miss this opportunity to own one of the last 1.5+ acre lots in Douglas County.
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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