50
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454 4th Ave
About This Property
Originally built in 1916, this home has been extensively rebuilt through a fully permitted renovation completed to engineered plans. Major improvements include new Pella windows, furnace, siding, electrical panel, and significant upgrades to plumbing, insulation, structural components, and HVAC. The foundation has been professionally repaired and reinforced by Groundworks for added stability and peace of mind.
Inside, the redesigned floor plan features a bright open-concept main level, private upper-level primary suite, and flexible living spaces throughout. Custom tile work, LED backlit mirrors, built-in storage, loft and flex spaces, and designer finishes create a unique blend of style and functionality.
The kitchen features a large island, Bluetooth and WiFi-enabled cooktop, double ovens, range hood, full-size refrigerator, beverage refrigerator, dishwasher, and dedicated bar area. The finished basement adds valuable space for a home office, gym, media room, guest area, or additional living space.
Situated on a fully fenced nearly half-acre lot, the outdoor living areas include extensive stamped concrete, a covered front porch, pergola, and multiple spaces for relaxing and entertaining. Additional features include a detached garage with a new roof and doors, a powered Tuff Shed with updated siding, and a drive-through gate.
Located within easy reach of Denver, this home offers a rare combination of historic charm, modern updates, and functional indoor and outdoor living space.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| Jun 15, 2026 | Relisted | $405,000 | |
| Relisted | |||
| Jun 15, 2026 | Price Decreased |
$399,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 7, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017