2305 Ames St
About This Property
This beautifully updated duplex offers incredible flexibility with two separate living spaces. The upper unit features 2 bedrooms, 1 bathroom, and a full kitchen, while the lower unit includes 1 bedroom, 1 bathroom, and its own full kitchen-ideal for multi-generational living, a private guest suite, or rental income.
The property also includes a detached two-car garage and backs directly to a spacious park with rear access, providing added privacy and convenience. Enjoy an unbeatable lifestyle with Sloan's Lake just steps away and easy walking access to historic Edgewater's popular restaurants, shops, and entertainment. Light rail access is nearby, making commuting throughout the Denver metro area a breeze.
Whether you're looking for a primary residence with income potential or a smart investment in one of Denver's most desirable neighborhoods, this versatile property is a must-see!
Seller brings in around $50,000 of income annually in short term rentals.
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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 |
|---|---|---|---|
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed | $784,500 | |
| Listed | |||
| Jun 12, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017