8324 Mitze Way
About This Property
The finished lower level adds additional usable space, ideal for a secondary living area, home office, guest space, or recreation room. With thoughtful updates and efficient use of space, the home offers versatility to accommodate changing needs.
Step outside to discover a backyard designed with entertaining in mind. The spacious concrete patio provides an ideal setting for outdoor dining, grilling, and gatherings, with ample room for seating and hosting. The tiered yard with established landscaping and retaining walls creates multiple usable areas for relaxing, playing, or gardening, all while maintaining privacy and functionality. This outdoor space offers excellent flow from the home and enhances the overall livability of the property.
Conveniently located near parks, schools, shopping, and commuter routes, this home combines comfortable interior living with a backyard well-suited for entertaining and everyday enjoyment.
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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 20, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Coldwell Banker Realty 56 | $469,500 | |
| Listed by Coldwell Banker Realty 56 | |||
| Oct 31, 2025 | Price Decreased |
$478,000
↓ $12K
(2.5%) | |
| Price Decreased | |||
| Sep 15, 2025 | Price Decreased |
$489,999
↓ $4K
(0.8%) | |
| Price Decreased | |||
| Aug 21, 2025 | Listed | $494,000 | |
| Listed | |||
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Home, sweet home! Discover this charming residence that effortlessly balances comfort and character in a thoughtfully designed layout. Featuring 3 beds, 2 baths, grassy mature landscape, and a 1-car garage w/extended driveway and side parking. The welcoming interior showcases neutral paint, tons of natural light, and tasteful flooring - wood & soft carpet. You'll love the open layout, which tastefully combines space and modern style for comfortable living! The kitchen boasts SS appliances, a mosaic tile backsplash, ample white cabinetry, and a butcher block island w/breakfast bar. Two bedrooms, along with a full bathroom, complete the main level. PLUS! The finished basement provides a large family room, an additional bedroom, and a bathroom. Check out the tranquil, multi-level backyard with an open patio shaded by a mature tree and a storage shed for your tools! Just 10 minutes from downtown Denver, with parks, shopping, dining, schools, & highways within easy reach. Make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017