4895 Depew St
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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Your Castle Real Estate Inc | $910,000 | |
| Listed by Your Castle Real Estate Inc | |||
| | |||
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MOUNTAIN VIEWS. Welcome home to this completely updated brick ranch-style dream, featuring a private secondary entrance perfectly set up to live like a duplex if desired. Live on the main floor and turn-key Airbnb the basement level with its own full kitchen and laundry or occupy both floors - the open layout and functional floor plan gives you plenty of space, privacy and opportunity for multi-generational living, a Mother-in-law suite and/or generating rental income.
The property has been meticulously renovated from top to bottom in 2022, offering an abundance of natural light, luxurious finishes and high-end appliances including a 6-burner gas range, dual HVAC units (so the main level and basement can be set to different temperatures!), exposed brick walls and wood beams, two fireplaces, a beautiful deck and a secluded backyard complete with raised garden beds.
Nestled on a sought-after corner lot with mature trees and mountain views, the front door is *steps* from Inspiration Point Park which grants one of the absolute best panoramic views of the mountains you can find. This prime location also gives you easy access to I-70 for quick trips downtown or to the mountains. And, Tennyson St with trendy restaurants and shops is less than a mile drive.
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| Dec 8, 2022 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed | $850,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017