3041 W 40th Ave
About This Property
cared for over the years and is ready for a new owner. Welcome home....Let's take a look around. In true Highlands style,
this NW Denver bungalow sits up high on a great lot, with abundant landscaping out front and the cutest front porch
you've ever seen....located on a picturesque tree lined street. Step inside to find generously sized rooms, living/dining
space that flows well, a stylish/modern kitchen, two roomy bedrooms and a full bath. The 3-season back patio is included
in the square footage listed here and bumps the total for this amazing home up over 2,300 finished square feet. The
basement features a separate entrance which could be utilized as a mother-in law suite. The 3rd bedroom and 3/4 bath
are down below along with a partial kitchen and large secondary living space. The storage is ample in this home, with
plenty of places for boxes, toys and more. The mechanical systems are routinely maintained and feature a new Lennox
heat pump and furnace! The garage features a long tandem car setup with overhead work area -which could be utilized as
a second home office, artist studio or kids play area. Head out back to see the nicest yard on the block...Complete with
mature landscaping, perennial beds, greenhouse and level/flat patio seating area. If you're looking for a walkable home,
you just found it. Just minutes to parks, schools, shops, restaurants and transportation options the location is second to
none. Absorb all the area highlights like Tennyson Street, art festivals, galleries and farmers markets...Just a quick stroll
from your new home! This home will generate a high level of activity and interest so don't delay for your shot to call this
home, yours!
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | Listed by RE/MAX Synergy | $860,000 | |
| Listed by RE/MAX Synergy | |||
| | |||
|
Overflowing with charm, character and historical relevance this brick bungalow with finished basement has been lovingly
cared for over the years and is ready for a new owner. Welcome home....Let's take a look around. In true Highlands style,
this NW Denver bungalow sits up high on a great lot, with abundant landscaping out front and the cutest front porch
you've ever seen....located on a picturesque tree lined street. Step inside to find generously sized rooms, living/dining
space that flows well, a stylish/modern kitchen, two roomy bedrooms and a full bath. The 3-season back patio is included
in the square footage listed here and bumps the total for this amazing home up over 2,300 finished square feet. The
basement features a separate entrance which could be utilized as a mother-in law suite. The 3rd bedroom and 3/4 bath
are down below along with a partial kitchen and large secondary living space. The storage is ample in this home, with
plenty of places for boxes, toys and more. The mechanical systems are routinely maintained and feature a new Lennox
heat pump and furnace! The garage features a long tandem car setup with overhead work area -which could be utilized as
a second home office, artist studio or kids play area. Head out back to see the nicest yard on the block...Complete with
mature landscaping, perennial beds, greenhouse and level/flat patio seating area. If you're looking for a walkable home,
you just found it. Just minutes to parks, schools, shops, restaurants and transportation options the location is second to
none. Absorb all the area highlights like Tennyson Street, art festivals, galleries and farmers markets...Just a quick stroll
from your new home! This home will generate a high level of activity and interest so don't delay for your shot to call this
home, yours!
| |||
| Nov 14, 2024 | Price Decreased |
$860,000
↓ $35K
(3.9%) | |
| Price Decreased | |||
| Oct 16, 2024 | Listed | $895,000 | |
| Listed | |||
| | |||
|
Overflowing with charm, character and historical relevance this brick bungalow with finished basement has been lovingly cared for over the years and is ready for a new owner. Welcome home....Let's take a look around. In true Highlands style, this NW Denver bungalow sits up high on a great lot, with abundant landscaping out front and the cutest front porch you've ever seen....located on a picturesque tree lined street. Step inside to find generously sized rooms, living/dining space that flows well, a stylish/modern kitchen, two roomy bedrooms and a full bath. The 3-season back patio is included in the square footage listed here and bumps the total for this amazing home up over 2,300 finished square feet. The basement features a separate entrance which could be utilized as a mother-in law suite. The 3rd bedroom and 3/4 bath are down below along with a partial kitchen and large secondary living space. The storage is ample in this home, with plenty of places for boxes, toys and more. The mechanical systems are routinely maintained and feature a new Lennox heat pump and furnace! The garage features a long tandem car setup with overhead work area -which could be utilized as a second home office, artist studio or kids play area. Head out back to see the nicest yard on the block...Complete with mature landscaping, perennial beds, greenhouse and level/flat patio seating area. If you're looking for a walkable home, you just found it. Just minutes to parks, schools, shops, restaurants and transportation options the location is second to none. Absorb all the area highlights like Tennyson Street, art festivals, galleries and farmers markets...Just a quick stroll from your new home! This home will generate a high level of activity and interest so don't delay for your shot to call this home, yours!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017