3490 Jay 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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed by RE/MAX PROFESSIONALS | $615,000 | |
| Listed by RE/MAX PROFESSIONALS | |||
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Fabulous hidden gem in Wheat Ridge! The updates here, coupled with the beautiful original details will be so pleasing to you! Notice the coved ceilings and stained doors with glass doorknobs! Sweet! Kitchen was updated with Maple shaker panel cabinets, Gas stove with microwave above, recessed lighting, and custom railing to lower level or out to patio. A gate across stairway will help keep two or four legged creatures in place. The patio out back will double your living area for so many days! Fenced back yard with great space and raised beds for gardening! Back inside, notice the built in drawers and shelves in hallway as well as bedroom. Notice the extended space created in closets by additional rod and shelves. Hall bath has voluminous ceiling height making the space feel even roomier! Downstairs you notice beverage refrigerator, and wow, a new bathroom too! Great new carpet makes closing and moving in a snap; all set for you!
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| Apr 2, 2003 | Sold | ||
| Sold | |||
| Oct 1, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017