2230 Cleo St
About This Property
The home offers flexible living with multiple spaces, including a lower-level area complete with a bedroom, second bathroom, and additional living room-ideal for guests, work-from-home setups, or a private retreat. Upstairs, two well-sized bedrooms and a full bath provide comfortable accommodations, while five spacious closets and a versatile den offer ample storage.
Outdoor living shines with a large, newly fenced backyard for both relaxation and practicality. Extra added electrical panel ready for your generator or hot tub! A pet-friendly setup includes a dog door leading directly from the kitchen, and two storage sheds-including a Tuff Shed-provide excellent space for tools and gear. A two-car-wide driveway adds convenient off-street parking.
Recent upgrades include a new heat pump system with smart thermostat, plus added insulation and air sealing for improved energy efficiency. With washer and dryer included, central cooling, and forced air heating, this move-in ready home delivers everyday comfort. Located near I-25, 84th Avenue, RTD Park & Ride, and light rail within 10 minutes, commuting is simple with downtown Denver just 15 minutes away, along with easy access to parks, dining, and shopping
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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