3130 Wright Ct
About This Property
Step into a space brimming with potential, featuring the solid foundation often referred to as "good bones." While it does beckon updates, the home holds onto some truly distinctive 1961 features, perfect for integrating into a contemporary remodel. Beneath the carpet lies original hardwood flooring, a hidden treasure awaiting revival.
With four bedrooms and three baths, this home is designed for comfortable living. The living area, warmed by a quaint fireplace, promises cozy evenings, while the large shed in the backyard offers ample storage. Enjoy the outdoor ambiance on the covered patio, an ideal spot for relaxation and entertainment.
The property includes a two-car attached garage, adding to the convenience, although direct entrance from the garage to the house is not available, inspiring creative solutions for seamless integration. The heating system relies on an original boiler. Windows have been updated 20-30 years ago, with the exception of the original basement windows.
Situated in the heart of Wheat Ridge, yet nestled in the coveted Applewood areas. This home not only offers a slice of history but also the potential to become a modern haven. It is an invitation to reimagine, remodel, and reinvigorate. Seize the opportunity to own and personalize a property priced right for its condition, making it an unmissable offer for owner occupied homeowners and investors alike.
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by JDI INVESTMENTS | $825,000 | |
| Listed by JDI INVESTMENTS | |||
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Beautifully updated 4 Bedroom 3 Bath Home in Wheat Ridge with New Paint Throughout, New Lighting Throughout, Beautiful Hardwood Flooring, New Wood Cabinets with Quartz Slab Counter Tops and Stainless-Steel Appliances, Baths have New Designer Tile, Newer Double Pane Windows! Beautiful new landscaping! New Furnace and Air conditioning! New Electrical service! Open concept with wrought iron railing inside and out! This is a must-see!! Your future home is waiting!
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| Apr 23, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by URBAN COMPANIES | $549,500 | |
| Listed by URBAN COMPANIES | |||
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A must see unique video of a video walking voice over tour by the listing agent, link into virtual tour or put address in YouTube search engine. Discover a piece of Wheat Ridge history with this charming 1961 ranch-style home, poised for a new chapter. Boasting an enviable west-facing orientation, this gem captures the essence of its era, offering a unique opportunity for those with a vision to modernize while preserving its timeless allure. Priced with consideration to its 'as-is' condition, this residence is a canvas ready for transformation.
Step into a space brimming with potential, featuring the solid foundation often referred to as "good bones." While it does beckon updates, the home holds onto some truly distinctive 1961 features, perfect for integrating into a contemporary remodel. Beneath the carpet lies original hardwood flooring, a hidden treasure awaiting revival.
With four bedrooms and three baths, this home is designed for comfortable living. The living area, warmed by a quaint fireplace, promises cozy evenings, while the large shed in the backyard offers ample storage. Enjoy the outdoor ambiance on the covered patio, an ideal spot for relaxation and entertainment.
The property includes a two-car attached garage, adding to the convenience, although direct entrance from the garage to the house is not available, inspiring creative solutions for seamless integration. The heating system relies on an original boiler. Windows have been updated 20-30 years ago, with the exception of the original basement windows.
Situated in the heart of Wheat Ridge, yet nestled in the coveted Applewood areas. This home not only offers a slice of history but also the potential to become a modern haven. It is an invitation to reimagine, remodel, and reinvigorate. Seize the opportunity to own and personalize a property priced right for its condition, making it an unmissable offer for owner occupied homeowners and investors alike.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017