3915 Clay 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 |
|---|---|---|---|
| Apr 18, 2023 | Sold | ||
| Sold | |||
| Mar 3, 2023 | Listed by Pieters Realty | $965,320 | |
| Listed by Pieters Realty | |||
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Welcome to this charming brick bungalow home located in the Sunnyside neighborhood of Denver, where classic charm and craftsmanship meets modern beauty. Like history..want to know more about the prior owners? A little hint...back in the 20’s, one was a convicted kidnapper. And after prohibition, another was a Golden to Denver beer runner turned business mogel leading to one of the largest liquor distribution firms in the country. With over 2600 finished square feet this stunning home affords comfortable living space, and potential for an immediate investment opportunity with the fully finished basement and a 400 square foot detached garage. As you step inside, you'll be greeted by the amazing craftsmanship of the original doors, casings, and baseboards. The first of two wood-burning fireplaces is surrounded by the original brick, mantel, and a built-in bookshelf. The spacious kitchen is gorgeous w/ granite countertops, stainless steel appliances, ample cabinet space, and a pantry with pull-outs. The home's main level has three bedrooms, and a full bathroom that has been updated with tile, modern fixtures, and an authentic claw foot tub. The fully finished basement with a separate entry is perfect as a guest suite or in-home rental space. With a large family room with a fireplace (studio), an office space, a bedroom ensuite with a 3/4 bathroom boasting tile floor/shower, a glass enclosure, and a kitchenette. The 400 sqft detached garage includes 200 amp electrical. Perfect for a possible ADU. Owners planned on converting this space into an ADU w/2 bedrooms, a full bath, a kitchen, and a living space. The rental potential could be close to $2000 a month in additional income, with just the ADU alone. Located in the historic Sunnyside Neighborhood of Denver, this home provides the perfect balance of history, charm, and modern conveniences. Just imagine, you too could own this piece of Denver history and call it..HOME. Contact me today for a private showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017