39
Map
2860 Ames 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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed by Thrive Real Estate Group | $799,000 | |
| Listed by Thrive Real Estate Group | |||
| | |||
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Welcome to 2860 Ames Street-an exceptional and versatile property in an unbeatable location just steps from Sloan's Lake, Denver's largest lake and second-largest park. Whether you're looking for a charming single-family home, income-producing property, or a potential live/work space, this one checks all the boxes. Situated within walking distance to local restaurants and just a quick drive to some of Denver's hottest spots in Sloan's Lake, Edgewater, Jefferson Park, and LoHi, the location offers the perfect blend of neighborhood charm and city convenience. Finding nearly a 1/4 acre of land in this part of town is a near impossibility and the land provides for ample outdoor space including an RV hookup. The main home features a cozy lower level with radiant floor heat, making it a comfortable retreat year-round. Out back, the fully turnkey ADU (Accessory Dwelling Unit) is a serious value-add with its own private entrance, efficient mini-split systems for heating and cooling, and great rental history-ideal for short-term or long-term income. A buyer interested in maximizing cash flow can tap into the nearly endless supply of business travelers for downtown and the convention center, sports and concert enthusiasts for Empower Field and Ball Arena and weekend warriors on the way to the mountains.
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| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017