41
Map
56 Hillside Dr
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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by DENVER HOMES | $985,000 | |
| Listed by DENVER HOMES | |||
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This beautifully updated ranch home in the sought-after Paramount Heights neighborhood offers breathtaking, panoramic views and a low-maintenance lifestyle. Perched high on a hill, it features a warm and inviting open floor plan with gleaming hardwood floors and large windows that frame the stunning vistas. The heart of the home is the newly renovated kitchen, featuring solid quartz countertops, sleek stainless steel appliances, and open shelving that adds a modern touch. The large primary suite includes an en-suite bathroom, while two additional bedrooms (one currently used as a den) offer flexible living space. A convenient laundry/mudroom with quartz countertops is located just off the garage, adding to the home's storage and practicality. The bright and airy sunroom serves as an ideal space for both relaxation and entertaining, offering a peaceful spot to take in the views. Outside, the professionally xeriscaped yard ensures minimal upkeep, while the expansive patio and elevated seating areas provide plenty of room to enjoy the surrounding scenery. Enjoy a serene waterfall, meandering paths, and an elevated seating patio to take in the view. A solar system enhances the home's energy efficiency. Additional features include a large two-car garage and proximity to a host of neighborhood amenities, including Crown Hill Open Space, Paramount Park, the Wheat Ridge Rec Center. The newly renovated Gold's Marketplace is also just a few blocks away, with local gems like Queen City Roasters, Ester's Pub, Rich Spirit Bagels, Heidi's Deli, Illegal Petes, and The Werks. With easy access to I-70, 6th Avenue, and the light rail, plus a short 15-minute drive to either Denver or Golden, this home offers both serenity and convenience in one stunning package.
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| Aug 2, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017