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Map
1340 Iola St
About This Property
***Take advantage of this rare opportunity to assume an existing low-interest mortgage! This property comes with an assumable loan, allowing a qualified buyer to take over the seller's current financing at 2.875%***
Situated on a large lot, this property features a detached garage, offering ample space for storage, hobbies, or future expansion. Inside, you'll find a cozy, functional layout full of potential, ready for your personal touches.
Enjoy easy access to downtown Denver and Highway 225, making commuting a breeze while being close to shops, restaurants, and parks. Priced competitively, this home offers exceptional value for a standalone property in the greater Denver metro area.
Don't miss out on this rare find-schedule your showing today!
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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 7, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Price Decreased |
$270,000
↓ $20K
(6.9%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Increased |
$290,000
↑ $20K
(7.4%) | |
| Price Increased | |||
| Jun 26, 2025 | Listed | $270,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017