1006 4th St
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | Listed | $435,000 | |
| Listed | |||
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1006 4th Street is an extensively remodeled 4-bedroom, 2-bathroom home featuring over 1,550 sq ft of thoughtfully upgraded living space, an attached garage & a fully insulated, heated 2-bay shop with 220V power & a separate office-set on an oversized, fully fenced lot in the heart of Pierce. Inside, real hardwood flooring flows through most of the main level, complementing an open, inviting floor plan. The remodeled kitchen features new stainless steel appliances & soft-close cabinetry finished to the ceiling for a seamless, high-end look. Both bathrooms have been beautifully updated, including a spa-style walk-in shower upstairs & a second full bath on the lower level. This home offers both a dedicated living room & separate family room, providing flexible spaces for entertaining, gathering, or relaxing. The lower level includes two private bedrooms & a convenient mudroom & laundry area with access to the garage-washer & dryer included. Step outside to enjoy a two-story rear deck overlooking a serene, tree-lined backyard with new sod, mature landscaping, & is hot tub-ready. Exterior features include RV parking, alley access, & a spacious layout designed for versatile outdoor use. Notable upgrades include a high-efficiency tankless water heater, well-maintained high-efficiency furnace, recently serviced A/C system, Class 4 impact-resistant roof shingles, an over-insulated attic, & a radon mitigation system-ensuring year-round comfort, efficiency, & peace of mind. Located minutes from downtown in an expanding community, residents enjoy access to Jones Park and Bickling Field, as well as nearby recreation at Pawnee National Grasslands, offering opportunities for hiking, wildlife viewing, & open-air exploration. With no HOA & room to grow, this property pairs peaceful living with the flexibility to enjoy Colorado's outdoor lifestyle. 1006 4th Street is Pierce's most complete and polished offering-crafted for comfort, functionality, & lasting value.
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| Aug 1, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed | $375,000 | |
| Listed | |||
| Dec 29, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017