2841 N Steele St
About This Property
Elevating itself above its surroundings, this home offers unparalleled panoramic views through its double-paned windows and doors. The three-story main house showcases a blend of tile and hardwood floors, with expansive natural light and finishes that will leave you in awe. Open and inviting, it has been meticulously cared for and is turnkey! With dual-zone (multi-unit) HVAC, it encompasses four bedrooms, four bathrooms, and an open floor plan that seamlessly integrates a gourmet stainless steel kitchen and marbled quartz counters into the expansive living space, complete with a cozy fireplace as well as a formal dining area, office, and half-bath.
The 3rd floor adds a delightful touch with an entertainment loft/bonus room, featuring a wet bar, half bath, and a west-facing deck that presents breathtaking views of the Denver skyline and the majestic Rocky Mountains. Also included is the laundry room strategically placed on the second floor alongside the bedrooms, offering additional storage cabinets and a utility sink.
The property has a detached three-car garage that's wired with a 60A circuit for a level 2 EV charger and has an extra storage closet. The ADU itself is a 656-square-foot haven, offering an open living and kitchen area, in-unit laundry, a full bathroom, and a comfortably sized bedroom with a walk-in closet. Perfect for generating rental income or as a dedicated work-from-home space, these ADU units enhance the property's versatility and appeal. This modern masterpiece truly encompasses the essence of luxurious and functional living in the vibrant city of Denver.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 20, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$1,375,000
↓ $50K
(3.5%) | |
| Price Decreased | |||
| Jun 1, 2025 | Price Decreased |
$1,425,000
↓ $50K
(3.4%) | |
| Price Decreased | |||
| Apr 26, 2025 | Price Decreased |
$1,475,000
↓ $65K
(4.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017