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About This Property
Enjoy the large deck overlooking a mature lush landscaped yard with full irrigation system. The concrete tile roof and newly painted exterior complete the home. Living in The Fairways is an exceptional experience with a lovely park just around the corner and countless amenities nearby. Walk to Cook Creek Pool, Lone Tree Golf Club and Tennis, or hop on the Lone Tree Link On Demand shuttle and go anywhere in the city of Lone Tree for free. Everything you can possibly imagine is within a few minutes drive: retail shopping, grocery stores, restaurants, Park Meadows Mall, commercial office spaces, Sky Ridge Medical Center, RTD Light Rail, Lone Tree Rec Center, and so much more. Welcome home!
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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