2611 Birch St
About This Property
The lower level provides a 2nd fireplace, a wonderful space for an additional living room, fitness area or office, as well as 2 bedrooms (non-conforming), a full bathroom, laundry room, and a large storage area. Recent updates include a new furnace and water heater, attic insulation, carpet, interior paint, and much more (see attached document).
This is one of Denver's most popular Neighborhoods! Live on this lovely tree lined street, within a few blocks of neighborhood restaurants and City Park.
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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