2601 Hudson St
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%.
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by Milehimodern | $875,000 | |
| Listed by Milehimodern | |||
| Jul 17, 2024 | Listed | $900,000 | |
| Listed | |||
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INSTANT EQUITY! Priced below recent appraisal! Welcome to this classic Park Hill brick ranch, nestled on a spacious south-facing corner lot. Originally a carriage house, it exudes timeless architectural appeal enhanced by modern updates that optimize space. Features include gleaming hardwood floors, elegant coved ceilings, and arched doorways. The main level offers a cozy living room with a wood-burning fireplace, a dining room, two bedrooms, and a fully remodeled bathroom. The recently updated kitchen boasts granite countertops, black stainless steel appliances, a large walk-in pantry, and a coffee bar. Adjacent to the kitchen is a generous bonus family room, formerly the garage, extending to a covered patio and expansive private backyard-perfect for entertaining and summer gatherings. The finished basement features an inviting family room with an exposed brick wall, a spacious second primary bedroom with an egress window and walk-in closet, a non-conforming 4th bedroom (no closet), and a 3/4 bathroom. Also on this level is a large laundry room with a utility sink and new commercial-size washer & dryer. Updates include a NEW roof with Category 4 Shingles that will save $150+ per month on insurance, NEW gutters, NEW windows, NEW doors, NEW furnace & AC, and a NEW sewer line. Located within the Park Hill Elementary and Park Hill Middle School zones, with close proximity to East High School, this home offers quintessential charm in Denver's beloved Park Hill neighborhood. Make it yours today!
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| Jun 25, 2024 | Price Decreased |
$900,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017