3627 Alcott 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 |
|---|---|---|---|
| Aug 8, 2025 | No longer available | - | |
| No longer available | |||
| Jun 24, 2025 | Price Decreased |
$499,000
↓ $100K
(16.7%) | |
| Price Decreased | |||
| May 20, 2025 | Listed | $599,000 | |
| Listed | |||
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**Pricing Update** on a rare land opportunity in the heart of Potter Highlands. Fully prepped for construction, this 7,134-square-foot lot is one of a very few buildable sites currently available in this sought-after historic neighborhood. This spacious property includes Denver Landmark Office fully approved building plans - offered with the sale for added value and convenience. Plans are for a detached sf home with 3,655 of livable square footage. New owners should be able to have building permits within approximately one - two months, paving the way for a seamless construction process. This lot offers endless potential for creating a custom residence with generous outdoor space, all within close proximity to the best of the Highlands, including acclaimed dining, shopping and local parks. With a prime location and substantial lot size, this property presents an exceptional opportunity to build in one of Denver's most iconic and coveted communities.
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| Jul 7, 2024 | Price Decreased |
$595,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Apr 7, 2023 | Listed | $625,000 | |
| Listed | |||
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PERMITS SUBMITTED TO THE CITY OF DENVER - AWAITING APPROVAL - SHOVEL READY Welcome to 3627 Alcott St, an exceptional 7,000 sq ft buildable lot in historic Potter Highlands, steps from LoHi and all the hot new restaurants and shops. Included in this sale are Landmark approved plans and a full construction set of drawings ready for permitting. Tweak to your desire or get building!
The stamped plans are for a ~3400 sq. ft. 5 Bed and 4 Bath house. Similar new construction homes in the area are listed for $2mm+!
The lot itself is situated on a peaceful street, surrounded by charming homes, mature trees, and a welcoming community. The convenient location puts you just minutes from all the excitement of downtown Denver, with endless options for dining, shopping, and entertainment.
Whether you're looking to build your forever home or invest in a prime piece of real estate, this property is the perfect opportunity. With the driveway already having a curb cut, the Landmark approved and stamped plans from EV Designs, and corresponding construction documents in hand, this land will save you valuable time and effort and allow you to build the home of your dreams.
Buyer to verify all information. Showings by appointment only. Land currently used as a fenced backyard Do not bother residents of 3625 Alcott St.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017