1535 Steele St
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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Florence Realty Co. | $935,000 | |
| Listed by Florence Realty Co. | |||
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Welcome home! Ideally located just steps from City Park, this is the historic Denver home you've been waiting for. Don't settle for an impractical floor plan when you can get the best of both worlds where historical charm meets modern living. This ideal layout features 4 bedrooms and 3.5 baths, including an en-suite primary on the second floor and a separate-entrance basement suite that includes a bedroom, 3/4 bathroom, and plenty of space for a kitchenette, making it the perfect setup for short-term rentals. Other features include a brand new roof, new triple-pane windows upstairs, restored historic windows on the main level, a fully-permitted basement remodel, new appliances, a new Trex decking front porch, new backyard landscaping, a new furnace and air conditioning unit in 2020, and more! Enjoy Denver's 300 days of sunshine in your beautifully landscaped backyard including an extra parking space or RV parking. Don't miss the chance to call this your new Denver home!
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| Mar 6, 2007 | Sold | ||
| Sold | |||
| Apr 9, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017