1660 Spruce St
About This Property
With easy access to anything you could ever want or need, This house is in the perfect spot for making the most of the coveted Colorado lifestyle in a location that can't be beat. Within minutes you can be at any of the scores of shops and restaurants in Park Hill, Central Park, Stanley marketplace, downtown, Cherry Creek. Or be on I-70 in no time at all, heading to catch a flight at DIA or aiming straight into the mountains for a day of fresh powder. Cultivate a flourishing garden in the backyard, host a backyard bbq with friends and neighbors, cozy up by the fire with a glass of wine and a great book on a snowy night, walk the fur babies up the beautiful 17th avenue or head to any one of several nearby Denver parks within minutes. This charming home was built to fall in love with, and is ready for you to make it your own today!
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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