Off-Market Condo at 4200 W 17th Ave, Denver, CO 80204

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $104 per day and long-term for an average of $2,949 per month, based on similar listings in the area. Estimated short-term cap rate of -4.3%. Estimated long-term cap rate of -3.4%. Designed with your wellbeing in mind, Residence 419 at Lakehouse guides you back to a relaxed yet sophisticated home. In this East facing one bedroom plus large den, floor-to-ceiling windows drench the space with natural light during the day, while the built-in solar/blackout shades provide much needed calm and dark when it's time to sleep. This efficiently crafted floor plan features a sizable bonus den area (measuring 10'8" x 10'3"), perfect for a home office or sitting room, and an additional powder room for guests at the front of the home. Heading into the open kitchen, you'll find rich ItalKraft European cabinetry, quartz countertops, a gas cooktop, and stainless steel KitchenAid appliances. Off of the sun soaked living area, you can step onto your patio, sipping your beverage of choice while taking in the views of the neighborhood and Sloan's Lake. When it's time to turn-in, your quiet primary suite...including an exquisite 5-piece bath and soaking tub await. An emphasis on leading a healthful life extends to the architecture and design behind the resort-style amenities at Lakehouse as well ~ Year round heated lap pool & hot tub, Wellness Center with yoga and meditation, gym, indoor-outdoor chef's kitchen, community farm & garden, dry sauna, expansive lounge with outdoor deck, and 24/7 front desk concierge service. THIS is why you live at Lakehouse.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$841
Rental Policy
daily
Yearly Taxes
$4442
Bedrooms
1
Bathrooms
2
SQFT
952
Furnished
N/A
Year built
2020
Listing Status
Off Market
MLS
7911405

Short-term Rental Potential
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$29,196

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$730

Price/SQFT

Long-term Rental Potential
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$35,388

Revenue
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Profit
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Cap rate
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$2,949/mo

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