2532 Depew St
About This Property
The home is in need of some TLC and offers excellent potential for buyers looking to renovate, personalize, or invest in a prime location. Rare opportunity to own an oversized 8,313-square-foot lot, could also be a great opportunity to build home of your dreams. Inside, you'll find single-level living with wood flooring, two bedrooms, a full bath, and a functional layout ready for its next chapter. Outside, the large, fenced yard provides ample space for gardening, entertaining, expansion possibilities, or simply enjoying the outdoors.
Just minutes away, Edgewater Public Market serves as the neighborhood's gathering place, featuring an eclectic collection of local restaurants, breweries, coffee shops, artisan retailers, fitness studios, and year-round community events. Whether you're meeting friends for ramen, empanadas, sushi, Ethiopian cuisine, craft beer, or a weekend market, you'll love having one of the area's premier destinations practically at your doorstep.
The highly walkable location also places you near Sloan's Lake, neighborhood parks, local favorites, and convenient access to downtown Denver. Enjoy morning walks for coffee, bike rides around the lake, evenings on nearby patios, and the welcoming sense of community that makes Edgewater such a special place to call home.
Whether you're searching for a fixer-upper, an investment opportunity, or a home with room to build equity in an unbeatable location, this property offers tremendous potential and the chance to create something special in the heart of Edgewater.
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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 10, 2026 | Price Decreased |
$460,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$474,999
↓ $1
(0%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Jun 24, 2026 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017