815 Madison St
About This Property
Cherished by the same family for over four decades, this home has been lovingly maintained and is ready for its next chapter. While it is move-in ready, it presents an excellent opportunity for buyers or investors to infuse their personal style and modernize the space for added equity. The welcoming sunroom, flooded with natural light, radiates warmth & character.
Iconic features throughout the home, such as a charming fireplace and exquisite wood detailing, built-ins and wood flooring, elevate its timeless appeal. On the main level, you will find a gracious family room, a formal dining area, 3 beds, 3/4 bath & dual stairs leading to the lower level. Comfort is further enhanced by a newer swamp cooler & updated windows, while the spacious finished basement provides versatile options with an additional non-conforming bedroom, recreation space & 1/2bath.
The exterior is a true sanctuary, boasting vibrant gardens, a brick patio, and ample space for entertaining or enjoying quiet moments under the trees. With walkability as a defining feature, you'll find yourself just blocks from popular attractions including shops, restaurants, movie theaters, coffee, local hot spots, Cherry Creek, Congress Park & Pool, Cheesman & City Parks, Botanic Gardens, Denver Zoo, Museum of Nature and Science, as well as easy access to downtown, DIA, public transit & the stunning Rocky Mountains. Steps to 7th Avenue Parkway greenspace!
This legacy home represents an exceptional lifestyle. THE PERFECT choice for discerning buyers looking to settle in an upscale neighborhood rich with character. HUGE sweat equity upside!
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | Listed by RE/MAX Professionals | $734,900 | |
| Listed by RE/MAX Professionals | |||
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This beautifully crafted property situated on a highly sought after Congress Park block is a rare gem that seamlessly blends historic charm with modern equity potential. With its inviting porch and picturesque views of a vibrant, tree-lined neighborhood, it offers a serene retreat amidst a mix of quaint bungalows, vintage mansions, and contemporary new construction.
Cherished by the same family for over four decades, this home has been lovingly maintained and is ready for its next chapter. While it is move-in ready, it presents an excellent opportunity for buyers or investors to infuse their personal style and modernize the space for added equity. The welcoming sunroom, flooded with natural light, radiates warmth & character.
Iconic features throughout the home, such as a charming fireplace and exquisite wood detailing, built-ins and wood flooring, elevate its timeless appeal. On the main level, you will find a gracious family room, a formal dining area, 3 beds, 3/4 bath & dual stairs leading to the lower level. Comfort is further enhanced by a newer swamp cooler & updated windows, while the spacious finished basement provides versatile options with an additional non-conforming bedroom, recreation space & 1/2bath.
The exterior is a true sanctuary, boasting vibrant gardens, a brick patio, and ample space for entertaining or enjoying quiet moments under the trees. With walkability as a defining feature, you'll find yourself just blocks from popular attractions including shops, restaurants, movie theaters, coffee, local hot spots, Cherry Creek, Congress Park & Pool, Cheesman & City Parks, Botanic Gardens, Denver Zoo, Museum of Nature and Science, as well as easy access to downtown, DIA, public transit & the stunning Rocky Mountains. Steps to 7th Avenue Parkway greenspace!
This legacy home represents an exceptional lifestyle. THE PERFECT choice for discerning buyers looking to settle in an upscale neighborhood rich with character. HUGE sweat equity upside!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017