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9823 W 53rd Ave
About This Property
Inside, you'll find hardwood floors, fresh paint, and new blinds that give the home a clean, refreshed feel. The one-car garage offers parking and storage, while the backyard is where this home really starts to shine.
Head outside to a covered patio that's ready for morning coffee, afternoon lounging, or a casual evening with friends. Raised garden beds are waiting for your green thumb, and the storage shed gives all those garden tools and outdoor extras a place to live. There's enough yard to enjoy without spending every weekend mowing it.
And then there's the location. You're close to light rail, making the trip into Denver convenient, with shopping nearby for those "I just need one thing" errands that somehow become ten. Easy access to I-70 puts the mountains, Denver, and beyond within easy reach.
Comfortable, practical, and nicely located, this is a home with room to settle in and make it your own.
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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