3091 W Bates Ave
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 |
|---|---|---|---|
| Apr 15, 2025 | Listed | $579,000 | |
| Listed | |||
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Call about our $15,000 Lender incentives! Experience sophisticated living in the charming and historic Loretto Heights by Thrive Home Builders. This warm and inviting south-facing townhome combines contemporary design and comfort and comes complete with a patio and private fenced yard. Upon entry, you'll find a study for work or play and direct interior access to your garage with EV ready outlet. Continue up the stairs to an open concept second level that boasts a stylish kitchen with quartz countertops, eat-in island, energySTAR rated stainless steel appliances, dining and family room with a fireplace that opens to a spacious second-story deck. On the 3rd level you'll find the primary suite that features a walk-in closet and luxurious ensuite, along with an additional 2 bedrooms and a full bath. This home is Indoor AirPlus certified and comes equipped with pre-paid solar panels. Located just 8 miles south of downtown Denver, with easy access to shopping, dining, and transportation. Schedule your tour today. (Photos are of the model unit)
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| Feb 22, 2025 | Price Decreased |
$579,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jan 18, 2025 | Price Increased |
$599,000
↑ $20K
(3.5%) | |
| Price Increased | |||
| Nov 19, 2024 | Listed by Milehimodern | $579,000 | |
| Listed by Milehimodern | |||
| Sep 12, 2024 | Listed | $625,000 | |
| Listed | |||
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Experience the perfect blend of style and convenience in this brand-new end-unit rowhome, complete with a builder warranty for peace of mind. As you enter, you'll be greeted by a versatile study with luxurious plank flooring and floor-to-ceiling windows that flood the space with natural light. A conveniently located half bath adds to the functionality. The front of the home features a spacious southern facing patio and private fenced yard. The attached two-car garage is equipped with an EV charging station, ready for your electric vehicle. The main level is designed for modern living, boasting a kitchen with soft-close cabinetry, quartz countertops, a high-end tile backsplash, and stainless steel suite. The eat-in island is perfect for casual meals, while the dining and family room, complete with a fireplace, open to a second-story deck-ideal for entertaining. Additional features on this floor include a pantry, storage closet, built-in bar, laundry room, and another half bath for added convenience. Upstairs, you'll find two secondary bedrooms, and a full bath. The primary suite is a luxurious retreat, offering ample space for a king-sized bed, abundant natural light, and a walk-in closet with extra seasonal storage. The ensuite bathroom is a haven of relaxation, featuring designer tile to the ceiling in the step-in shower, a double-sink vanity, and a private washroom. All Thrive homes at Loretto Heights come with pre-paid solar panels, energy-efficient features, a builder warranty, and what's better? No monthly HOA fee! Loretto Heights is a historic Denver neighborhood that offers easy access to shopping, dining, entertainment, and transportation options, and just a 10-minute drive to Downtown Denver. Whether you're exploring the local attractions or commuting to work, everything you need is just moments away. Don't miss this opportunity to set up your tour and learn more about our current savings. Photos shown are of similar home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017