1055 Steele 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%.
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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by My Denver Real Estate | $775,000 | |
| Listed by My Denver Real Estate | |||
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This classic bungalow is located in the heart of the tranquil Congress Park neighborhood. Nestled on a peaceful, tree-lined street, this home offers a unique opportunity to move in and enjoy, or maybe put some sweat equity into creating your dream space in one of the most sought-after areas in town. With its beautiful mature landscaping and inviting front porch the outside of this home is sure to charm you the moment you arrive. Just inside you will be greeted by a warm living space with great natural light, hardwood floors and a fireplace with built-ins. The kitchen is equipped with a newer stove and vintage cabinetry. There is a full bath on the first floor with a clawfoot tub, which is bookended by two bedrooms that feel comfortable and quiet. Downstairs in the full basement you will find ample storage, laundry, two non-conforming bedrooms and a 3/4 bath. Out back you'll enjoy more mature landscaping, stunning flowers, a cute pergola to cozy up under with a cold drink or a maybe a hot coffee. You also have the convenience of a one car detached garage. The home has a french drain and the sewer line, furnace, AC and water heater have all be updated in the recent past. So come check out this cozy Congress Park Bungalow.
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| Jun 20, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017