24908 E Alder Dr
About This Property
The finished basement expands your living space with two large living areas-- One living area could easily become an additional bedroom-the other living area features a Kitchenette with wet bar/counter-tops/cabinets...ready for entertaining or basement suite as it is currently configured!-along with an additional bedroom and full bath plus plenty of extra walk-in storage. A spacious unfinished section provides endless possibilities for storage, hobbies, or future customization. Step outside to enjoy a covered patio with AMAZING PANORAMIC MOUNTAIN VIEWS!!!...also overlooking plenty of green space, perfect for relaxing outdoors and enjoying wildlife. Conveniently located near Southlands Shopping Center, E-470n for easy DIA airport runs, local dining, and beautiful parks, this home offers a quiet setting with easy access to E-470 & all the amenities Aurora has to offer.
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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 |
|---|---|---|---|
| Dec 30, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Relisted | $675,000 | |
| Relisted | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by Orchard Brokerage LLC | $675,000 | |
| Listed by Orchard Brokerage LLC | |||
| Jun 8, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017