725 Monroe 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 28, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Compass - Denver | $1,049,000 | |
| Listed by Compass - Denver | |||
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Beautifully updated Congress Park bungalow featuring a charming covered front patio and a meticulously landscaped yard, this home is an entertainer's dream. Step inside to be greeted by an open, light-filled main living area with soaring vaulted ceilings & skylights, creating a grand first impression. The living room, with its decorative fireplace, seamlessly flows into the kitchen & dining areas, making it perfect for gatherings. The main level boasts hardwood floors throughout. The kitchen has been thoughtfully updated with an abundance of two-toned white and gray cabinets to keep you organized, sleek quartz countertops, & upgraded appliances including a gas range. Down the hall, you'll find two inviting bedrooms and a stylish bathroom with vaulted ceilings and accented with a chandelier. This level of the home is complete with a linen closet for added storage & a guest bath. The finished basement offers even more living space with a large second living area, 2 additional bedrooms with egress windows, and a modern bathroom featuring double sinks and a glass-encased shower. Access the lush, fully fenced, private backyard directly from the kitchen, where you can follow the pavers to a large, newly refinished wood patio-perfect for entertaining or simply unwinding amongst the serene mature trees. There are two garden boxes connected to a sprinkler drip line, perfect for growing your own fruits & vegetables right in your backyard. This home also includes a detached two-car garage, a radon mitigation system, & central air. Nestled in the heart of Congress Park, you'll be just blocks from 12th Street's restaurants, shops, coffee houses, & wine bars. The location is unbeatable with great walkability & proximity to 9th & Colorado restaurants & movie theater, 7th avenue greenbelt, Congress Park, Cheesman Park, the Botanic Gardens, & popular spots like Trader Joe's and Snooze. You are also near Cherry Creek, a 10-minute drive to Downtown, & 20 minutes to the Foothills.
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| Dec 3, 2014 | Sold | ||
| Sold | |||
| Oct 18, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017