85 W Eldorado Circle
About This Property
more bedrooms and a full bathroom. The house is also equipped with a radon mitigation system. Located on a cu-de-sac, this location provides a quiet low traffic setting. This home is truly a work of art! There's even an area designed to park an RV. Located just minutes from the town of Florissant, Divide, Cripple Creek and only 30 minutes from Woodland Park make this a great location. Gold metal fishing, boating, amazing hiking and ATV trails are all less than 1 hour away. Skiing is less than 2 hours away!
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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