2448 Otis St
About This Property
A spacious sunroom addition brings in incredible natural light and offers the perfect spot to relax or entertain. The brick fireplace adds warmth and character, while the lush yard is a true gardener's paradise; ideal for those who love to grow, gather, and unwind outdoors. Garden includes an apricot tree, apple trees, raspberry bushes, mint, arugula, hibiscus, lilacs and a 2-story shed.
Located in one of Denver's most desirable neighborhoods, you're just blocks from local favorites like Sloan's Lake, Edgewater Public Market, Edgewater Beer Gardens, Pizzeria Leopold's, Suzette's, and Sloan's Tap & Burger.
Major systems are in great shape: roof is certified, sewer, electrical, and plumbing all inspected and in excellent condition so you can move in with peace of mind.
This one is special! Don't miss your chance to call it home.
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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