11394 Lamar St
About This Property
The basement further extends the living space, offering an additional bedroom, a family room, and a utility room. The unique angular positioning of the home on the lot ensures ample space on both sides, along with a generous backyard. An oversized covered deck enhances the outdoor living potential of this property.
The location is a commuter's dream, with easy access to Highway 36 positioning you perfectly between Denver and Boulder, ensuring a swift 20-minute commute to either city.
This property offers a compelling blend of potential and location, making it a must-see for any discerning investor. This home is part of an Estate and being sold AS-IS with all faults and no warranties.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | Price Decreased |
$580,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Aug 14, 2024 | Price Increased |
$600,000
↑ $20K
(3.5%) | |
| Price Increased | |||
| Aug 14, 2024 | Relisted | $580,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017