1041 Monroe Way
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Relisted | $1,095,000 | |
| Relisted | |||
| May 24, 2024 | In contract | - | |
| In contract | |||
| May 19, 2024 | Listed by RE/MAX Elevate | $1,095,000 | |
| Listed by RE/MAX Elevate | |||
| | |||
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This beautiful Rock Creek home sits on a large south-facing corner lot and offers expansive living spaces with easy access to Superior Elementary, the North Pool, and a fantastic network of trails leading to Purple Park and Superior's Community Park. The thoughtfully designed floor plan includes a main floor bedroom that could easily function as a private office, complete with convenient access to a 3/4 bath. Featuring hardwood floors, a formal living room with southern exposure & vaulted ceilings, a separate dining room, ideal for hosting dinner parties, and an inviting eat-in kitchen that flows seamlessly into a cozy family room anchored by a gas fireplace & built-in cabinetry. The kitchen opens onto a beautifully paved patio and a low-maintenance backyard outfitted with turf. A 3-car garage is found through the main floor laundry/mudroom. From the garage, a garage access door leads to separate fenced-in area in the backyard, an ideal space for pets. Downstairs, the finished basement offers a flexible area that can serve as an additional office or a non-conforming 6th bedroom, alongside a 1/2 bath, and a large rec room with a wet bar/kitchenette. On the upper level, 3 spacious bedrooms share a full bath, while the expansive primary suite features a large walk-in closet and a 5-piece ensuite bath. The home also has newer attic insulation, carpet, AC, water heater, washer, dryer, microwave, and dishwasher. Enjoy everything that Rock Creek & Superior has to offer: 2 community pools, tennis courts, open space & trails, Downtown Superior, and a multitude of shopping, restaurants & amenities near the Boulder/Denver Hwy 36 corridor.
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| May 10, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017