865 Sparta Dr
About This Property
The home has multiple garden beds in the yard, making this a gardener's dream. Mature landscaping wrap this home, from a 15 year old established grape vine covered trellis on your deck, overlooking the garden, keeping you cool in the warmer months to irrigated beds, an organic growing yard, established succulents, herbs and fruit. Covered garden area is perfect for storage and prepping your garden items. Fully owned solar panels installed in 2019.
The warm and modern touches such as wood panel plank walls greeting guests to a fully finished walk-out basement. A warm and modern kitchen flows beautifully to the dining and living spaces. The primary bedroom boasts a beautifully updated en-suite bathroom. Three bedrooms and two full bathrooms on main floor and two bedrooms (one non conforming/office) and an additional 3/4 bathroom on lower floor allow flexibility for living. This home is situated in the heart of Boulder County, with award-winning BVSD schools, quick access to DIA Boulder and Denver.
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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