1401 Ash St
About This Property
If you liked this Hale bungalow before but the numbers didn't quite work, it may be time for another look.
This classic 1920s Denver bungalow has now been repositioned more than $125,000 below its original list price - and unlike many older homes, a huge amount of the expensive work has already been done.
The seller has invested more than $150,000 in updates while keeping the character that makes homes like this special.
Step inside and you'll find original red oak hardwood floors, abundant natural light, built-ins, a wood-burning fireplace, newer windows, updated lighting, and the kind of charm you just can't recreate in a newer build.
The bright kitchen features quartz countertops, stainless steel appliances, and a sunny breakfast nook. The remodeled main-floor bathroom includes custom tile, a restored clawfoot tub, separate shower, and original details that were intentionally preserved.
Need more space? The finished basement adds two bedrooms, a family room, kitchenette, 3/4 bath, laundry area, vinyl plank flooring, and an egress window - giving you flexibility for guests, work-from-home space, a gym, hobbies, or additional living areas.
Outside, you'll find a large corner lot, fenced yard, detached garage, and a central Denver location close to 9th & CO, City Park, Cherry Creek, restaurants, shopping, Rose Medical Center, and National Jewish Health.
The charm is already here.
The expensive updates are largely done.
And now the price is a whole lot more interesting.
If you've been waiting for the right opportunity in Hale, this one deserves another look.
Video tour:
adamsellsdenver.com/1401ash
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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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$699,900
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$729,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$749,900
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$769,900
↓ $20K
(2.5%) | |
| Price Decreased | |||
| Jun 22, 2026 | Price Decreased |
$789,900
↓ $20K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017