4047 King St
About This Property
This classic brick bungalow is in walking/biking distance to Rocky Mountain and Berkeley Parks, Highlands Square and Tennyson Street Cultural District. Stepping through the front door from the full-width front porch, you are greeted by original craftsman features, a wood-burning stove and hardwood floors in the open living and dining room. A hallway with original built-in cupboards leads to two bedrooms and a full bathroom. In the kitchen, granite countertops blend nicely with the wood-stained cabinets. A kitchen staircase leads to the upstairs primary suite, a rare find in north Denver bungalows. The primary suite includes a bedroom with bamboo floor, two closets, skylights and a window that looks out to the garden below. You will also find a cozy sitting area and a 3/4 bathroom. From the main floor hallway, a staircase leads down to a finished basement with a 4th bedroom, space for an office, a laundry, workshop, and a large family room. Beyond the kitchen is the 396-SF sunroom. Five large windows brighten and warm the space. You'll be drawn outside from the sunroom into the side yard with irrigated gardens that were featured in a neighborhood garden tour. Relax under the grape and wisteria-covered arbor to the sound of running water from your pond, cultivate vegetables in your garden patch, and if you enjoy fresh eggs, a chicken coop under an apple tree is equipped with self-filling waterer and solar-powered chicken door, rounding out your country living experience in your city dwelling. Off the alley is a new, oversized, two-car garage, complemented by off-street parking in a front driveway. This unique, well-maintained home with a new evaporative cooler and a 6-year-old furnace and roof, awaits your personal touches, but it won't wait long. Come and see it today, for tomorrow it may be gone. Click on the virtual tour icon or visit www.DenverBungalow.info to take a narrated video tour.
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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 |
|---|---|---|---|
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2023 | Listed by CENTURY 21 Golden Real Estate | $759,000 | |
| Listed by CENTURY 21 Golden Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017