987 Lost Angel Rd
About This Property
This gorgeous Sugarloaf residence blends modern elegance seamlessly with the natural mountain surroundings. Rebuilt in 2018 with a fire-resistant design, this contemporary home has 360-degree views views of Sugarloaf Mountain, Boulder Valley, and Indian Peaks. A wall of windows floods the space with natural light, highlighting the stunning landscape. The kitchen boasts high-end design elements featuring Miele and Gaggenau appliances. Enjoy luxurious tranquility in the primary suite, which features a shower and sauna with submarine doors. Comfortably host guests in the adjacent guest house with a full bath. Horse enthusiasts will love the Olympic-sized horse arena, five-stall barn, and hay storage areas. After a long day, relax in the hot tub by opening the retractable door to enjoy the fresh summer air. Enjoy a glass of wine by the firepit or a coffee on the balcony. This modern Colorado home is the perfect luxury escape in the mountains.
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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