4032 Lipan 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 |
|---|---|---|---|
| Jun 11, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 28, 2026 | Price Decreased |
$599,900
↓ $19K
(3.1%) | |
| Price Decreased | |||
| Mar 7, 2026 | Price Decreased |
$619,000
↓ $21K
(3.3%) | |
| Price Decreased | |||
| Dec 30, 2025 | Listed | $639,900 | |
| Listed | |||
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Your Sunnyside Dream Starts Here - Welcome to one of Denver's most sought-after neighborhoods! This oversized 6,200+ sq ft double lot (50 x 125) in Sunnyside is a rare find, zoned for a duplex or ADU. Whether you're a first-time buyer, seasoned investor, or developer, this property offers endless opportunity. Move right in, enjoy steady rental income, or begin your next high-end duplex project-location is surrounded by other duplexes selling for $1.2M+ per side. Inside, you'll find timeless character and modern updates including hardwood floors, built-ins, custom lighting, and exposed brick waiting to shine. The kitchen features stainless steel appliances, oak cabinetry, and tile finishes, while a granite-topped bath and laundry/mudroom complete the main level. Upstairs, two spacious bedrooms include a primary suite with en-suite bath and private deck-the perfect spot for morning coffee or evening wine. Step outside to a two-level back deck and large fenced yard-ideal for entertaining, relaxing, or planning your next project. The approx. 500 sq ft basement (accessed via the deck) offers excellent storage or future expansion potential. Walk or bike to neighborhood favorites like Linger, Avanti, Michelin-starred Wolf's Tailor, Postino's, Diebolt Brewing, and all the best of LoHi and Sunnyside. Recent updates include water heater (2021), roof & gutters (2020), and HVAC serviced June 2025. The crawlspace/basement is approximately 500 sq ft, and 6 ft tall)and houses the furnace and water heater,. Aluminum siding covers the original brick exterior. This property delivers rare flexibility, prime location, and incredible potential. Live in it. Rent it. Develop it. Your Sunnyside future starts here.
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| Oct 31, 2025 | Price Decreased |
$644,900
↓ $15K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017