305 Empire St
About This Property
Move right in to this beautifully refreshed ranch on a desirable corner lot. Features include a modern kitchen with stainless steel appliances, updated baths, new flooring, fresh paint, and a spacious sunroom for extra living space. Enjoy low-maintenance landscaping, ample parking, and a versatile backyard. Minutes to Stanley Marketplace, Central Park, Lowry, and Anschutz Medical Campus with easy access to downtown Denver and DIA.
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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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2025 | Price Decreased |
$430,000
↓ $30K
(6.5%) | |
| Price Decreased | |||
| Sep 21, 2025 | Price Decreased |
$460,000
↓ $14K
(3%) | |
| Price Decreased | |||
| Sep 8, 2025 | Price Decreased |
$474,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017