465 Salem St
About This Property
Spacious 3-Bedroom Home with Room to Grow - No HOA!
Welcome to this well-cared-for 3-bedroom, 2-bath single-family home offering 1,965 square feet of comfortable living space in a quiet, established neighborhood-with no HOA restrictions! You'll enjoy a 2-car attached garage and a large driveway with plenty of space for RV parking.
Inside, the home features a bright, functional layout with new windows installed in 2022, updated light and bathroom fixtures, and stainless steel appliances in the kitchen. Major systems have been recently updated, including a new water heater (2021) and AC/furnace (2021), along with a newer roof for added peace of mind.
The expansive backyard is ideal for outdoor living and includes a greenhouse, large shed, and playground-perfect for gardening, storage, and play. A Trex deck, built in summer 2023, offers a great space for relaxing or entertaining.
Conveniently located near several major medical facilities including Anschutz Medical Campus, Children's Hospital, and other nearby medical centers. Commuting is a breeze with easy access to I-225 and I-70, and you're just minutes from Aurora Hills Golf Course, parks, schools, and local shopping.
This move-in ready home combines space, recent upgrades, and a prime location-schedule your showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017