9445 Shoshone Rd
About This Property
This 2 bedroom, 2 bath home with a bonus lower level apartment (making it a 3 bed/living space combo, 3 bath home) has been fully restored and remodeled so when you walk inside you will feel as though you've stepped back in time when cowboys roamed the streets and there was no better life than living in Colorado! Well, I guess some things haven't changed. And, while there is so much historical, western charm wrapped into this home; the kitchen, bathrooms, flooring, lighting and nearly every single aspect, has been modernized with a cozy, luxurious mountain feel.
New Additions to Home:
Electrical: New Wiring, Outlets, Fuse Box and Light Fixtures
Mechanical: New High Efficiency Gas Furnace and Outlets
Exterior: New Stucco, Stacked Stone Accents, Windows, Roof, Gutters and Composite Deck
Interior: New Insulation, Windows, Premium Benjamin Moore Paint, New Flooring, Lighting, Fixtures
Kitchen: Custom Soapstone Counter and Cabinetry, Customized Glass front cabinets and Spice Closet, Samsung Titanium Appliances
Bathrooms: All new Vanities, Sinks, Showers, Toilets and Lighting
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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