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9030 Rex Ln
About This Property
Nestled within the coveted Black Mountain Ranch Estates community, this spacious 4-bedroom, 3-bath raised ranch offers room to spread out both inside and out. The expansive grassy yard is a true rarity in the mountains, providing the kind of lush, usable green space more commonly found in Denver's suburban neighborhoods.
Inside, you'll find a home that has been lovingly maintained over the years, with timeless character, solid construction, and thoughtful features throughout. The oversized primary suite features a private balcony overlooking the property and ample space for a sitting area, home office, fitness space, or reading nook. Skylights and bay windows fill the home with natural light, while a wood-burning fireplace creates a warm and inviting atmosphere. The oversized laundry room offers exceptional storage, mudroom functionality, and even a charming laundry chute. Recent improvements include a newer roof and gutters for added peace of mind.
Outside, there is no shortage of room for vehicles and toys. In addition to the attached two-car garage, the property offers abundant off-street parking, including dedicated RV parking with full utility hookups. Located on a school bus route, the road benefits from priority winter plowing for easier year-round accessibility.
Surrounded by tranquil mountain scenery yet located just 10 minutes from Conifer's shopping, dining, services, and Highway 285, you'll enjoy the perfect balance of privacy and convenience. Opportunities like this don't come along often. Schedule your showing today.
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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