1477 Ivanhoe St
About This Property
Upstairs, the luxurious master suite delights with a vaulted ceiling, walk-in closets, a remastered en suite bathroom, and a brand new furnace. A laundry closet and secondary bedroom with en suite bathroom complete the second-story floor plan. Outside, a fenced backyard retreat welcomes you with a manicured lawn, brick paver patio with fire pit and multiple garden beds where you can put your green thumb to work. With a detached two-car garage and ample street parking, you'll have space for all of your vehicles! Quick access to public transportation and CO-2 allows for easy commuting. Get ready to enjoy low-maintenance living minutes from some of Denver's best conveniences, including City Park, Trader Joe's, restaurants, Denver Botanic Gardens and more. This home is as move-in ready as it gets with a new furnace (2020), tankless water heater (2017), central air conditioner (2015), 3 year roof cert dated 6/26/20.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017