2240 W 56th Pl
About This Property
The home has been thoughtfully updated, offering move-in-ready convenience while still providing opportunities to make it your own. Whether you're hosting family and friends or enjoying a quiet evening at home, the open design creates a warm and welcoming atmosphere.
Outside, you'll find one of the property's most desirable features-a large backyard with plenty of room for entertaining, gardening, pets, play areas, or simply relaxing and enjoying Colorado's beautiful weather. The expansive outdoor space offers endless possibilities and provides the flexibility many buyers are searching for.
A rare bonus is the dedicated RV parking, providing valuable space for recreational vehicles, trailers, boats, work vehicles, or additional off-street parking.
Conveniently located with easy access to major highways, commuting throughout the Denver metro area is simple and efficient. Parks, shopping, restaurants, schools, and everyday amenities are all just minutes away, offering the perfect balance of neighborhood living and city convenience.
Whether you're a first-time homebuyer, investor, looking to downsize, or simply searching for more outdoor space and flexibility, 2240 W 56th Pl offers an excellent opportunity. With its open layout, thoughtful updates, spacious backyard, RV parking, and convenient location, this home delivers exceptional value and versatility.
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Cap Rate Calculator
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 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 26, 2026 | Price Decreased |
$435,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed | $450,000 | |
| Listed | |||
| Jun 7, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed | $475,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017