2627 18th St
About This Property
The top level features a dedicated rooftop deck delivering panoramic downtown Denver skyline and mountain views-the ultimate backdrop for sunset gatherings. Just below, the third level reveals a culinary hub anchored by a magnificent 18-foot soapstone island and elite professional appliances, including a state-of-the-art Miele oven, JennAir 48" refrigerator, and a precision Gaggenau induction cooktop. Bi-fold doors dissolve the wall to an expansive patio, across which sits a private, detached guest suite accessible via a secondary staircase - an ideal work-from-home office or guest retreat.
The second level is dedicated to private quarters, hosting the luxurious primary suite, an additional bedroom, and a secondary lounge. This level's bedroom opens directly to a private patio complete with a custom greenhouse and irrigated planter boxes, offering a unique garden escape in the city.
The first level provides ultimate versatility, anchoring a media room with a wet bar, beverage refrigeration, and a built-in dual-tap beer system, alongside a flexible fourth bedroom with a built-in Murphy bed and 3/4 bath. Through a glass roll-up garage door, the media space connects to an extraordinary, secure 6-car heated garage with built-in storage and room for a workshop or vehicle display. Complete with Control4 sound, Somfy motorized blinds, and 4 additional off-street spots, this estate offers a level of land, scale, and car storage impossible to replicate in Modern Denver.
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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.
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About Northwest Denver
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017