3459 Florence Way
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 24, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by RE/MAX Professionals | $639,500 | |
| Listed by RE/MAX Professionals | |||
| | |||
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Welcome to this lovely home built around a well-maintained common courtyard in Central Park. The home is 3 blocks from the Central Park Recreation Center and is situated in a neighborhood with open space on 3 sides with no through streets so kids and pets play safer. It has new interior paint, carpet and roof. The HVAC system was replaced in 2022 and the windows replaced in 2021. The kitchen has granite countertops and a built-in microwave in 2022. The owner has prepaid a lease (assumable) on solar panels that will provide approx. $100/month of free electricity for nearly 8 years. This courtyard home is very popular for its size, location and privacy. The open floor plan and the main level amenities include stainless appliances, the creative use of slate and hickory hardwoods, natural light, and a gas burning fireplace. The upstairs includes a primary bedroom with his/her closets, linen closet, dual vanities in a 3/4 bath. The two secondary bedrooms are bright and ready to move-in. The full bathroom includes tile flooring and a deep soaking tub. **HOA takes care of all the common areas allowing you to just enjoy the local amenities. **Central Park has great schools, trails, parks and easy access to your favorite places around Denver. **BUYER TO VERIFY ALL SCHOOL INFO. Learn more about the Central Park Enrollment Zone on the DPS website.** Central Park Master Community Association manages the 7 pools, the farmer's market, summer movies under the stars, summer concerts, art shows, and holiday events. Their website at https://www.mca80238.com is full of good information including all the CC&Rs. **When making your offer, please remember that the buyer-paid HOA FEES includes: HOA Transfer fee ($200),Working Capital fee ($200), and Community Fee (Purchase Price-$100k) x .0025. Buyer & Buyers Agent to verify all information.
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| Nov 15, 2006 | Sold | ||
| Sold | |||
| Jul 12, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017