3421 Florence Way
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by Compass - Denver | $685,000 | |
| Listed by Compass - Denver | |||
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Beautifully maintained corner-lot home that seamlessly blends modern upgrades, inviting outdoor living & one of the best locations in Central Park. Positioned across from open space & a private park, this residence offers a peaceful setting just blocks from the neighborhood Rec Center, Eastbridge Town Center with its vibrant restaurants & retail & easy access to Stanley Marketplace, Bluff Lake Nature Preserve & the Anschutz Medical Campus. Step inside to a bright & welcoming main level where premium wood-look tile flooring flows throughout. The spacious living room is warm & open. As you enter the home you are greeted by a built-in mudroom, providing functional organization & a welcoming environment. The kitchen features sleek stainless steel appliances, including a dishwasher, stove & microwave, along with stylish upgrades & a seamless flow into the dining area. A convenient powder room & first-floor laundry completes this level. Upstairs, discover four bedrooms. The primary suite serves as a relaxing retreat, featuring a luxurious five-piece bath with dual sinks, a soaking tub, separate shower & a spacious closet with custom organization. A full hall bath is in the center of the hallway. Outside, the professionally landscaped yard is a private oasis, complete with a built-in grill, fire pit & raised garden beds with a drip system, perfect for entertaining or unwinding under the stars. The front patio provides another inviting space to connect with neighbors, while the fenced yard offers privacy & charm. This home is equipped with an owned solar system designed to offset nearly all of the home's energy usage, ensuring efficiency & long-term savings. Every detail reflects thoughtful updates & true pride of ownership. Don't miss this rare opportunity to own a beautifully updated home in one of Denver's most sought-after neighborhoods, steps from parks, trails, dining & entertainment, yet nestled in a quiet, private setting.
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| Feb 1, 2019 | Sold | ||
| Sold | |||
| Jul 31, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017