8370 Sandreed Cir
About This Property
The home includes three generously sized bedrooms and two updated bathrooms. The oversized primary suite offers a true retreat with a large walk-in closet. Additional interior upgrades include all new doors and an attic fan for added comfort and energy efficiency.
Enjoy outdoor living in the private backyard with a deck-perfect for relaxing or entertaining-while backing to open space for added privacy. Direct access to nearby trails, including a path connecting to Cherry Creek Trail (Marker 23), enhances the lifestyle appeal.
Additional features include an attached two-car garage with insulated doors, 220V power, and heating and A/C-ideal for a workshop, gym, or flex space. Laundry area includes washer, dryer, and utility sink.
No HOA. Newer Class 4 impact-resistant roof installed in 2023. A well-cared-for home offering comfort, flexibility, and a desirable location.
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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