8951 Ithaca Way
About This Property
Stay cool during the warmer months with the evaporative cooling system, promoting energy efficiency + maintaining a comfortable indoor climate. In the colder seasons, cozy up to the pellet stove, adding warmth + ambiance to your home. Underneath the carpeting, you'll find original hardwood flooring, just waiting to be revealed! Plus, the spacious family room addition offers ample room for relaxation, entertainment, + quality time with loved ones.
Step outside to a beautifully maintained garden, carefully designed to create a serene + peaceful outdoor retreat. Enjoy the fresh Colorado air + entertain guests on the covered deck, which offers a versatile space for outdoor gatherings in any weather. The property also features a sprinkler system, ensuring that your lawn + garden remains lush + vibrant with minimal effort. Car enthusiasts, adventurers + hobbyists will appreciate the convenience of the oversized two car garage, providing ample space for parking + storage. Additional covered parking options are available with the convenient carport. Conveniently situated between Denver + Boulder, this residence provides easy access to a wide range of amenities, services, + attractions. Seize this opportunity to experience the charm + comfort that this wonderful Shaw Heights home has to offer!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | Listed | $435,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017