945 Paris Street
About This Property
The updated bathroom is located in the center of the home for convenient access from anywhere in the home. 3 carpeted bedrooms for comfort, one with new tile floors, separate entrance loads of natural light and all include a ceiling fan.
Bonus: enjoy the advantages of the water softener/purification system that comes with the home. With less mineral composition from hard water, it extends the life of your plumbing, improves the efficiency of your water heater.
Exterior stucco was completed 3 years ago and the roof is only 2 years old, fenced private backyard and covered parking. This home is located 2 minutes from King Soopers, a neighborhood Farmers Marketplace, Del Mar Family Water Park, near k-12 schools, retail, restaurants, Buckley AFB, Rose Medical Center, Anschutz Medical Campus, easy access to I-225 and a 20 min drive to Denver International Airport.
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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