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8712 Independence Way
About This Property
As you enter the home, you are greeted by a spacious foyer with beautiful hardwood floors that lead into the open concept living area. A beautiful fireplace provides a dramatic backdrop to the sunny two-story living room. The adjacent dining room and kitchen area are perfect for entertaining, or just hanging out, with more natural light flooding in from large windows. The den around the corner provides a spot for family time and watching the big game while cooking a pot of chili. Large doors open to a lovely deck and low maintenance outdoor area with a stunning ash tree that will satisfy your dream of Colorado outdoor living. Large evergreens and a huge lawn provide a lovely greenspace, and is absolutely maintenance free for you. The main level also features a bedroom and 3/4 bath, perfect for guests or as a home office, and a laundry room.
Upstairs, you'll find the luxurious master suite, complete with a walk-in closet and spa-like ensuite bathroom with a soaking tub and separate shower. There is an additional bedroom and full bath on the upper level. The lower level has been completely renovated with a rec room, 2 bedrooms, and a 3/4 bathroom. A detached two car garage is the perfect spot to store all your toys.
Walk out your front door to The Pond community amenities: community pool, tennis and pickleball courts, playground, and clubhouse, providing plenty of opportunities for recreation and relaxation. Minutes away are Standley lake for kayaking and paddleboarding, or take your furry friend to Westminster Open Space for miles of off-leash fun.
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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