5390 King 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%.
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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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Price Decreased |
$439,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
| Mar 8, 2024 | Listed by Golba Group Real Estate | $445,000 | |
| Listed by Golba Group Real Estate | |||
| | |||
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**Take advantage of the Community Reinvestment Act program and receive a 2% credit of the loan amount towards rate buy-downs or closing costs!**
You will love this updated three bedroom, two bath ranch home located on a quiet street in the heart of Regis-Berkeley! Fresh paint inside and out and new flooring throughout this light-filled home offers a warm and welcoming atmosphere. The beautifully updated walk-through kitchen includes new stainless steel appliances, quartz countertops, an abundance of counter space, and plenty of storage. You will find both of the bathrooms have been updated, complete with custom tile and thoughtfully selected finishes, giving them a modern feel. New washer and dryer is included as well as double paned windows, furnace, water heater, radon mitigation system, roof & gutters- all replaced in 2021.
Outdoor space includes a large brick patio with fire pit, perfect for outdoor dining and entertaining, and a storage shed complete with electricity. Parking is plentiful with six spots available in the oversized driveway.
The location of this home is hard to beat as it's steps away from Regis University, a quick walk to coffee shops, restaurants, breweries, and shopping on both Lowell Blvd and Tennyson St. Willis Case Golf Course, Berkeley Lake Park, and Rocky Mountain Lake Park are all nearby and Clear Creek Trail access is a short 5 min walk away. Immediate access to multiple interstate highways makes it a short 10 min drive to both Downtown Denver and Olde Town Arvada and easy access to mountain play. The RTD B & G lines, both less than 3 miles away, get you to Union Station in minutes for a ballgame or night on the town and connections to Denver International Airport.
Don't miss out on this gem as it's the best value in Northwest Denver!
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| Nov 9, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017