3446 N Clay St
About This Property
The main-floor spa-inspired bathroom offers a spacious soaking tub, creating a serene retreat. The finished basement provides additional flexibility with a non-conforming bedroom, 3/4 bath, laundry area, and abundant storage. All appliances are included, and the roof was replaced in 2018 with a Class 4 impact-resistant shingle for added peace of mind.
Step outside to a truly spectacular backyard oasis filled with mature trees, vibrant flowers, and lush landscaping-perfect for relaxing, entertaining, or enjoying Colorado's beautiful seasons. The pergola remains with the property, and two off-street parking spaces sit behind the home, with a concrete pad already in place for a future garage.
This home is located within a locally designated historic district. Property is subject to Denver Landmark Preservation guidelines, ensuring the neighborhood's unique architectural legacy is protected for generations.
The location is exceptional, offering a highly walkable lifestyle just blocks from local favorites including Spuntino, Leevers, and The Fox and the Hen. Enjoy easy access to the heart of Highlands, LoHi, the Tennyson District, and Sloan's Lake, with an outstanding collection of restaurants, bars, shopping, and recreation all nearby. This is a rare opportunity to own a piece of Denver history in one of the city's most vibrant and beloved neighborhoods.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017