1606 Adams 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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 13, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | Listed by Fox Realty Services Inc | $830,000 | |
| Listed by Fox Realty Services Inc | |||
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Do not miss out on this classic Denver Square with a premier City Park location. The large front porch and preserved original architectural details greet you as you enter the foyer. The main floor living room and formal dining room capture attention with the display of period woodwork, stained glass, custom built-ins, high ceilings and an abundance of natural light. The upper level boasts a large primary bedroom, two guests rooms, a full bath with the original claw-foot tub and the convenience of an enclosed porch. The cozy finished basement includes a family room, a 4th bedroom (non-conforming), a 3/4 bath and incredible potential for a lock-off/short term rental if desired. The backyard is an oasis in the heart of the city, with a deck that enhances outdoor gatherings and entertainment. This superb location offers a wide array of dining and entertainment to choose from. Some of Denver's most popular music venues, shops and cafes are located nearby. The incomparable beauty of City Park is an impressive anchor for countless outdoor activities. This home is also located within the highly sought after East High School district.
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| May 28, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017