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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by RE/MAX of Cherry Creek | $660,000 | |
| Listed by RE/MAX of Cherry Creek | |||
| | |||
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Tree-lined streets and the quaint urban charm of Denver's beloved Park Hill Neighborhood create a picture-perfect backdrop for this captivating three-bedroom, two-bath home. Upon entry, a centrally located dining room reveals a pleasant, light-filled kitchen trimmed by two-tone cabinets and stainless-steel appliances. Opposite, plentiful windows and an exposed brick wall converge upon an inviting living room as hardwoods travel to a tucked away family room made artistically pleasing with a dramatic arch marking entry to a backyard retreat. On either side of the family room is a contemporary 3/4-bath and captivating primary retreat with adjoining 5-piece ensuite bath and a spacious walk-in closet, and a pair of secondary bedrooms complete with the makings of well-organized closets. Beckoning peaceful al fresco evenings, the beautifully landscaped yard boasts a poured concrete patio, green house, irrigated garden beds, a chicken coop and storage shed; plus, an oversized driveway out front and carport offering coverage for multiple vehicles. Park Hill boasts many charming neighborhood restaurants, retail and coffee shops. Recent updates include new roof (2019), all new kitchen appliances (2018), central AC (2018), furnace (2020), water heater (2020), refinished hardwoods and new carpet in secondary bedrooms (2018), radon mitigation system (2019), landscaping including sprinkler system and drip irrigation (2019) and more!
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| Jan 6, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017