3191 W Custer Pl
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 |
|---|---|---|---|
| Oct 11, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | Listed by Camber Realty, LTD | $199,000 | |
| Listed by Camber Realty, LTD | |||
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Fantastic site for residential development. West Denver location with easy access to I-25, public transportation, great restaurants and shops along Federal and Alameda Ave., and just a 10-minute drive to Downtown Denver. Land value, no conventional financing will work, cash buyer needed. Property being sold strictly "as-is." The seller can not make any warranties about the property's condition. The structures on the property are not safe to enter. This sale will involve a multi-step court approval process. When an acceptable offer is selected, it will be submitted to the court for approval (which should take approximately 2 to 3 weeks). This property will be conveyed via Receiver's Deed. Denver Zoning website shows zoning as: Denver Zoning = E-SU-D1x Urban Edge - Single Unit - D1x (6,000 sq ft minimum zone lot size, 1 = Accessory Dwelling Units allowed x = Suburban House building form allowed). Buyer to verify zoning and all other information. HIGHEST AND BEST OFFERS DUE END OF DAY WEDNESDAY, JULY 26TH. THE RECEIVER WILL REVIEW CONTRACTS 7/27. Sample contract that needs to be followed and all associated documents are available in MLS Supplements.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017