3904 Wolff St
About This Property
Completely remodeled in 2022, the home blends classic architectural details with contemporary finishes to create a warm and inviting living experience. Natural light fills the interior, enhancing the home's comfortable layout and showcasing the craftsmanship throughout. Whether enjoying a quiet evening at home or hosting friends and family, the thoughtfully updated spaces provide both style and functionality.
One of the property's most compelling features is its exceptional location just a short stroll from the vibrant Tennyson Street corridor. Known as one of Denver's most beloved neighborhood destinations, Tennyson Street is lined with locally owned restaurants, coffee shops, boutiques, galleries, fitness studios, and year-round community events. The area offers a true neighborhood feel while providing easy access to the amenities of city living.
Residents of Berkeley enjoy proximity to several parks and outdoor recreation opportunities, including Berkeley Lake Park, Rocky Mountain Lake Park, and numerous walking and biking routes. Convenient access to downtown Denver, major transportation corridors, and nearby cultural attractions makes commuting and exploring the city effortless.
The generous corner lot provides valuable outdoor space with potential for future enhancements, expansion, or an ADU, subject to local requirements. Combining historic appeal, modern updates, and an outstanding location, this home presents a unique opportunity to enjoy one of Denver's most desirable and connected communities.
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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