1061 Phillips
About This Property
Step into this beautifully remodeled home located in the heart of Northglenn, offering exceptional upgrades and modern finishes throughout.
As you arrive, you'll notice dual driveways on both sides of the property - perfect for extra parking, trailers, boats, or ATVs. In addition, there's a spacious two-car garage providing even more storage or parking flexibility.
Inside, the home features a fully renovated main level with three bedrooms and one bathroom. The kitchen is a showpiece, featuring brand-new cabinets, quartz countertops, and stainless steel appliances. A skylight above the kitchen floods the space with natural light, creating a warm and inviting atmosphere.
Adjacent to the kitchen is a large dining area, perfect for gatherings and everyday meals, also illuminated beautifully by natural light.
The finished basement offers additional living space, including one bedroom, one bathroom, and a movie bar area - ideal for entertaining or relaxing.
Every major system has been updated, including new HVAC and a new electrical panel.
The detached two-car garage is equipped with its own electrical meter and a 220V outlet, suitable for EV charging, welding, or other high-powered tools. The setup also provides ADU potential for future income or guest accommodations.
Located in a quiet, private area, yet just minutes from shopping, dining, and major highways, this home combines comfort, functionality, and convenience.
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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 |
|---|---|---|---|
| Dec 25, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Relisted | $499,000 | |
| Relisted | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by Megastar Realty | $499,000 | |
| Listed by Megastar Realty | |||
| Aug 20, 2025 | Listed by RE/MAX of Cherry Creek | $329,000 | |
| Listed by RE/MAX of Cherry Creek | |||
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Property sold off market. Entered for comparable purposes only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017