1624 Vine St
About This Property
The gourmet kitchen features stainless steel appliances, cherry cabinetry, granite surfaces, and a large skylight that fills the space with natural light. Sliding glass doors open seamlessly to the outdoor patio, extending your living space for gatherings or quiet evenings at home. Rich in original charm, the home showcases craftsman millwork, tall windows, original pocket doors, high ceilings, and a classic tile fireplace, complemented by a formal dining room perfect for hosting. The main-floor primary suite offers both privacy and convenience, complete with dual closets and a beautifully remodeled bath. A dedicated home office overlooks the peaceful backyard, while two separate living areas on the main level provide flexibility for relaxing or entertaining. Upstairs, three generously sized bedrooms feature abundant natural light from large windows and skylights, an upstairs fireplace, along with a remodeled five-piece bath and convenient second-floor laundry. An inviting covered front porch is ideal for morning coffee or evening unwinding. A rare oversized two-car garage with ample storage sits adjacent an art studio or potting area. Upgrades include a newer impact resistant roof (2023), gutter and downspout upgrades (2023) newer water heater (2024) and a new water service line (2024). Ideally located, enjoy easy access to City Park, East High School, Carla Madison Recreation Center, Denver Botanic Gardens, as well as local coffee shops and restaurants. Just minutes from Sprouts Farmers Market, Cherry Creek Shopping Center, and downtown Denver.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017