413 Alton Way
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 12, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by Milehimodern | $925,000 | |
| Listed by Milehimodern | |||
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Perfectly placed in one of the best enclaves of Denver's vibrant Lowry community, 413 Alton Way seamlessly merges elegant design with remarkable functionality. The freshly painted exterior is complemented by a new roof outfitted with fully-owned solar panels, offering peace of mind and eco-friendly energy solutions for the fortunate buyers who will make this residence their new home. Inside, a versatile floor plan adapts to remote work, effortless entertainment, and creative expression. A spacious main-level office provides a productive workspace with ample morning sunlight and views of mature trees. At the heart of the home is a generous kitchen, featuring Kitchen-Aid appliances, a convenient pot filler, and a capacious island. The living room enhances entertainment and comfort with surround sound speakers and a cozy gas fireplace. Outside, a private backyard and rear patio is equipped with outdoor speakers, a natural gas line for a grill, and an al fresco dining room with pergola. The upper level is home to a full primary suite, two guest bedrooms, and a flexible fourth room outfitted with LVP flooring and vaulted ceilings that can be utilized as an office or additional bedroom. The home's thoughtful design is complemented by impressive improvements and mechanical systems, including Hunter Douglas window coverings, a whole-home humidifier, tankless water heater and Nu-Air HRV system, ensuring a consistently comfortable living environment. Nearby attractions include numerous parks, the Lowry Dog Park, Denver Beer Co., and Lowry Beer Garden, amongst many others. Plus, the Lowry community association enriches the neighborhood with a summer concert series, food trucks, and various parades and festivals throughout the year, offering endless opportunities for community connection. Every detail of this Lowry home has been curated to create a home that is as functional as it is beautiful, embodying turnkey comfort and convenience.
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| Oct 28, 2014 | Sold | ||
| Sold | |||
| Nov 5, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017