4255 Perry St
About This Property
Location, location, location! This large, versatile lot in the highly sought-after Berkeley neighborhood of Denver offers endless possibilities for builders and homeowners alike. Currently, the property features a small home (fixer upper) that could either be converted into a charming accessory dwelling unit (ADU) or scraped to make way for your dream home. With a generous lot size and plenty of potential, this is the perfect canvas for creating a modern residence tailored to your needs. Just three blocks from the vibrant Tennyson Street corridor, you'll enjoy easy access to some of Denver's best dining, shopping, and entertainment.
Please note: The lot next to this property is also for sale through another brokerage, potentially doubling your development options. Combine both properties for a larger-scale project, or build two separate homes on these prime parcels- what an investment opportunity in one of Denver's most desirable neighborhoods!
This is a rare opportunity to own not one, but two adjacent lots in one of Denver's most dynamic neighborhoods, with easy access to everything Berkeley and Tennyson have to offer. Don't miss out on your chance to create something truly special in this prime location!
Contact us today for more details or to schedule a private showing.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 16, 2024 | Listed by Keller Williams Realty Downtown LLC | $699,000 | |
| Listed by Keller Williams Realty Downtown LLC | |||
| | |||
|
Prime Development Opportunity in Berkeley - Spacious Lot Near Tennyson Street! Zoned for Single Family + ADU!
Location, location, location! This large, versatile lot in the highly sought-after Berkeley neighborhood of Denver offers endless possibilities for builders and homeowners alike. Currently, the property features a small home (fixer upper) that could either be converted into a charming accessory dwelling unit (ADU) or scraped to make way for your dream home. With a generous lot size and plenty of potential, this is the perfect canvas for creating a modern residence tailored to your needs. Just three blocks from the vibrant Tennyson Street corridor, you'll enjoy easy access to some of Denver's best dining, shopping, and entertainment.
Please note: The lot next to this property is also for sale through another brokerage, potentially doubling your development options. Combine both properties for a larger-scale project, or build two separate homes on these prime parcels- what an investment opportunity in one of Denver's most desirable neighborhoods!
This is a rare opportunity to own not one, but two adjacent lots in one of Denver's most dynamic neighborhoods, with easy access to everything Berkeley and Tennyson have to offer. Don't miss out on your chance to create something truly special in this prime location!
Contact us today for more details or to schedule a private showing.
| |||
| Aug 7, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017