24880 US 40
About This Property
The home is located just off the Genesee Exit & I-70. Enjoy the convenience of all the nearby restaurants and the Genesee Town Center. Very easy commute to the Mountains and downtown Denver! Showings will be limited. Additional Interior photos will be coming soon.
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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 |
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| Jan 6, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2023 | Listed by LIV Sotheby's International Realty | $560,000 | |
| Listed by LIV Sotheby's International Realty | |||
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A very rare opportunity to own this charming farmhouse in the Foothills. A step back in time and your chance to own a historic piece of the Colorado Foothills. Charming 1920 home nestled in on 1.23 Stunning wood flooring throughout! The home has been updated with a cozy and charming feel. Enjoy evening in snuggled around the wood burning stove!
The home is located just off the Genesee Exit & I-70. Enjoy the convenience of all the nearby restaurants and the Genesee Town Center. Very easy commute to the Mountains and downtown Denver! Showings will be limited. Additional Interior photos will be coming soon.
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| Mar 19, 2022 | Listed | $3,000,000 | |
| Listed | |||
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A very rare opportunity to own 18.32 acres in the Foothills. A step back in time and your chance to own a historic piece of the foothills. Charming 1920 farmhouse nestled in on 1.23 Acres plus the adjoining 17.09 acres vacant land lot. This parcel has many possible uses for both residential and possible commercial. The Farm House and Land Parcel can be accessed off US-40, the Genesee and Lookout Mountain exits off of I-70. The site is currently serviced by a well & septic, but city water and sewer access can be pursued with Genesee Water and Sanitation. The current approved zoning allows for single family residences, but multifamily rezoning is a possible option with Jefferson County. The active stream with 80-acre feet of provisional water can be obtained. An experienced developer might do a residential or multi-family development. The land has a meadow and gently sloping topography and is very usable. The property has amazing city views and mountain views If you are looking for that perfect land parcel in the Foothills of the Rocky Mountains, your search is over!
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| Oct 23, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017