232 Broadway #6
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 23, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by Thrive Real Estate Group | $380,000 | |
| Listed by Thrive Real Estate Group | |||
| | |||
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This two-story loft located in the heart of the Baker/Broadway district will wow any buyer. Whether you enjoy the hustle and bustle of the city, or long for the peace of a tucked away space, this condo is for you. The exposed brick wall, gleaming bamboo floors, concrete kitchen countertops and the custom-built, reclaimed-wood wall, are just a few of the unique details. The second story loft doubles as a bedroom with its own bath. Enjoy the deck off the kitchen that faces away from Broadway offering extra privacy. This unit features a secure entrance, elevator, garage parking with a designated space and a storage area. Just steps from some of Denver’s favorite restaurants, popular nightlife, the beloved Mayan Theatre and boutique shopping.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/15/2021
|
2 Bed
|
2 Bath
|
927 ft²
|
$425,000
2 Bed
2 Bath
927 ft²
|
$441,000
+3.76%
08/18/2021
|
Abell To Sell
Compass - Denver
| |
|
05/21/2021
|
2 Bed
|
2 Bath
|
790 ft²
|
$380,000
2 Bed
2 Bath
790 ft²
|
$395,000
+3.95%
06/23/2021
|
Rhonda Marciano
Corcoran Perry & Co.
|
Building Info
About Southeast Denver
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017