3454 Walnut St
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 |
|---|---|---|---|
| May 4, 2023 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by Generator Real Estate, LLC | $3,750,000 | |
| Listed by Generator Real Estate, LLC | |||
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Prime development opportunity in RiNo. 12,500 square foot corner lot with I-MX-5 zoning. Potential for I-MX-8 if dedicated affordable units are incorporated into design. Address is surrounded by some of the best restaurants, bars, and coffee shops that Denver has to offer and less than a 10 minute walk to the light rail station at 38th & Blake. Easy access to downtown, I-70, I-25, the mountains, and DIA.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017