1616 Montview Blvd
About This Property
Thoughtfully preserved and updated, this historic Glenmere gem features the timeless details buyers love-tall ceilings, original charm, hardwood floors, spacious rooms, mature landscaping, and a warm, inviting atmosphere throughout. Recent improvements include a beautifully updated kitchen with gas range, new stucco exterior, air conditioning, updated electrical, fresh interior paint, and more.
The 3-bedroom, 2-bath layout offers comfortable living with a one-car attached garage and a beautifully refreshed lower level designed for today's lifestyle. The finished basement features a spacious family room with a cozy pellet stove, a flexible non-conforming bedroom/office with French doors and a whitewashed tongue-and-groove ceiling, a dedicated laundry area with cabinetry, included washer and dryer, and an additional 3/4 bathroom.
Outside, enjoy an oversized and private backyard surrounded by mature trees, established flower beds, a pergola-covered patio, a backyard shed with dedicated electrical, offering the perfect space for hobbies, storage, or a workshop. The yard creates a peaceful retreat for gardening, entertaining, or relaxing under Colorado skies.
From its sought-after Glenmere location to its 1930s architectural charm and thoughtful modern improvements, this home captures the rare combination of character, comfort, and convenience that makes this neighborhood so special.
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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