1400 Monroe St
About This Property
room left to maximize income. Roof less than 10 years old, newer insulation, windows less than 10 years old, fresh paint,
regularly serviced utilities. This building has not been neglected. Recently passed Denver rental license inspection. Great
financial documentation. This will be an EASY property for a new or experienced investor. "Walk score" of 88 and "Bike
score" 85. Two car garage - two of the five tenants have parking included in their lease. City of Denver provides parking
passes for other tenants. Washers and dryers for tenants use included; located in basement.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017