11858 Montview Blvd
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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Relisted | $500,000 | |
| Relisted | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed | $500,000 | |
| Listed | |||
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Development Opportunity in an up-and-coming area! Located just two blocks west of the Anschutz Medical Campus and the Fitzsimons Redevelopment area, this 0.57 acre (approx 25,000 SF) lot features OA-R2 zoning with possible uses including duplexes, townhomes, ADU, live/work, a small neighborhood-scale business, and more. The planners at the City of Aurora think that this lot could accommodate two duplexes (4 units) or possibly three duplexes. So many possibilities here! Scrape the existing home and outbuildings and build your duplexes or townhomes. Fix up the existing home and garage (the garage has 2 adjacent rooms with an area above) to create an ADU. Or utilize one of the other potential uses to make this property your own. There is currently electric and gas service to the home. Electric/gas is provided through Xcel Energy. Water/sewer is provided through Aurora Water. This is an as-is sale. See supplements for the Zoning chart. Access to this property is by Appointment Only! Please do not enter this property without setting up a showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017