2620 Clermont St
About This Property
Perfectly situated in the Park Hill neighborhood, close to City Park, the Denver Zoo and the Museum of Nature & Science, this 2,000 plus square foot home has potential to be tops in the neighborhood. With your personal touch this 4 bedroom (2 non-conforming in basement), two bathroom home will become the delight of your life! The finished basement consists of a huge family room, laundry room, storage space and workshop area. A front yard to show off any gardening skills you may have and a roomy backyard with a covered patio for entertaining guests or just to enjoy the wonderful company of your loved ones. This home boasts an oversized 2-car detached garage, rare for this area. Home is being sold "as-is", seller will not make any repairs or upgrades.
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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