634 Colorado Blvd
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 |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | Price Decreased |
$799,000
↓ $150K
(15.8%) | |
| Price Decreased | |||
| Nov 15, 2024 | Listed by Fathom Realty Colorado LLC | $949,000 | |
| Listed by Fathom Realty Colorado LLC | |||
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HOLIDAY & END-OF-YEAR SPECIAL!! Seller has reduced the price of this gorgeous home from $949,000 to $799,000 until December 31st-act now before the offer is over! Rent to own option Available! Welcome to 634 Colorado Blvd, where luxury meets convenience in Denver's sought-after Hale neighborhood. A Denver Residential Plan Review Specialist has confirmed that it is possible to build an ADU in this property, increasing the value and cashflow opportunities of the home. Step inside to discover a beautifully updated interior flooded with natural light. Upgrades include fresh interior and exterior paint, new flooring, and light fixtures throughout. Every single window and all doors are also brand new. The kitchen features new appliances, tile flooring, and stunning stone countertops. Have peace of mind knowing that there is a new roof, water heater, furnace, 5-ton AC system, and ducting. Outside, the serene private yard boasts mature trees and newly installed sod and sprinkler system. Additional features include a spacious detached 2-car garage and a fenced yard with double doors for additional parking if needed. Enjoy the convenience of being within walking distance of Trader Joe's and the popular Snooze restaurant, with easy access to numerous shops and restaurants. Located just minutes away from Cherry Creek Mall, the Denver Zoo, Museum of Nature and Science, and City Park. Don't miss out on this opportunity to own a piece of Hale neighborhood charm.
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| Sep 16, 2024 | Listed | $945,000 | |
| Listed | |||
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**Appraised at $1,030,000 in July of 2024** Welcome to 634 Colorado Blvd, where luxury meets convenience in Denver's sought-after Hale neighborhood. Step inside to discover a beautifully updated interior flooded with natural light. Upgrades include fresh interior and exterior paint, new flooring, and light fixtures throughout. Every single window and all doors are also brand new. The kitchen features new appliances, tile flooring, and stunning stone countertops. Have peace of mind knowing that there is a new roof, water heater, furnace, 5-ton AC system, and ducting. Outside, the serene private yard boasts mature trees and newly installed sod and sprinkler system. Additional features include a spacious detached 2-car garage and a fenced yard with double doors for additional parking if needed. Enjoy the convenience of being within walking distance of Trader Joe's and the popular Snooze restaurant, with easy access to numerous shops and restaurants. Located just minutes away from Cherry Creek Mall, the Denver Zoo, Museum of Nature and Science, and City Park. Don't miss out on this opportunity to own a piece of Hale neighborhood charm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017