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8745 Cresthill Ln
About This Property
Two-story 3 bed 3 bath home in Eastridge. Mature and well maintained trees provide plenty of shade on the new reinforced concrete patio out back. Large windows and vaulted ceilings coupled with the open floor plan create an open and airy feeling. New black stainless appliance package. A street away from the Links Golf Course, down the street from Highlands Ranch High School and many shops and restaurants nearby. Ready for immediate move-in! New entry gates, new Tuff Shed, new 2 stage American Standard HVAC system with whole house humidifier will keep you cool & comfortable while super quiet/efficient. Home has an attic fan to draw in the comfortable evening air. The gas furnace and gas fireplace are ready for winter. Most of the main and upper level has new luxury vinyl plank flooring, granite counters and vanities,washer/dryer will remain with the property. High speed internet wiring throughout the house. The basement is all open and finished with carpet/air. Previously used as office/storage. The furniture, fridge, and freezer are included.
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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