31 W Evans Ave
About This Property
thriving urban core. This development parcel located at 31 W Evans Ave
boasts exceptional value for visionary developers seeking a high-visibility,
high-traffic location.
Excellent Location: The property is situated just half a block from the busy
intersection of Broadway and Evans, offering outstanding visibility and
convenient access.
Generous Size: The parcel encompasses approximately 9,375 square feet,
providing ample space for your development plans.
Flexible Zoning: C-MX-3 zoning allows for a wide range of uses, including
retail, residential, office, or a dynamic combination. Construct up to 3
stories to maximize your development's footprint and income potential.
This is a prime opportunity to create a landmark development in a vibrant
and growing Denver neighborhood. Don't miss out!
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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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Price Increased |
$650,000
↑ $50K
(8.3%) | |
| Price Increased | |||
| Apr 29, 2025 | Price Decreased |
$600,000
↓ $160K
(21.1%) | |
| Price Decreased | |||
| Apr 1, 2025 | Price Decreased |
$760,000
↓ $60K
(7.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017