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7041 Ruth Way
About This Property
The main level features two cozy bedrooms updated bathroom, ideal for comfortable living. Downstairs, a spacious living area awaits, along with two additional non-conforming bedrooms, providing flexibility for guests, a home office, or extra storage.
Nestled in a neighborhood close to restaurants, shopping, and downtown conveniences, this home holds incredible potential for both lifestyle and investment. Don't miss the chance to discover this hidden gem in the heart of Denver. Contact us today to schedule your private showing!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Love Thy Neighbor | $438,000 | |
| Listed by Love Thy Neighbor | |||
| | |||
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Welcome to this beautifully refreshed brick home in the sought-after Twin Lakes area, just north of Downtown Denver! This charming 4-bedroom, 2-bath ranch boasts fresh paint and updated flooring (new carpet, lux. vinyl), blending classic style with modern touches.
The main level features two cozy bedrooms updated bathroom, ideal for comfortable living. Downstairs, a spacious living area awaits, along with two additional non-conforming bedrooms, providing flexibility for guests, a home office, or extra storage.
Nestled in a neighborhood close to restaurants, shopping, and downtown conveniences, this home holds incredible potential for both lifestyle and investment. Don't miss the chance to discover this hidden gem in the heart of Denver. Contact us today to schedule your private showing!
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| Apr 24, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017