$515,000
●
House -
Off Market
8430 Franklin Dr
Denver, CO 80229
5 Beds
2 Baths
2,424 Ft²
$2,679
Est. Monthly
7.10%
Cap Rate
About This Property
Welcome to this recently renovated 5-bedroom residence located in a
sought-after area! As you enter, you'll be welcomed by refreshed
hardwood floors and an inviting open layout. The contemporary
kitchen boasts fresh cabinets, quartz countertops, and stylish
lighting. The main level features three bedrooms, a full bathroom,
and a cozy mudroom. Descend to the lower level to find an extra
family room, two additional bedrooms, an updated bathroom, and a
convenient utility/laundry room equipped with a washer and dryer.
Step outside to explore the expansive yard complete with a storage
shed. This home is ready for immediate occupancy with all new
essential systems including HVAC with central air and a water
heater. Conveniently situated near major highways, shopping
centers, parks, and recreational facilities.
Unit Size
2,424 Ft²
Days on Market
34 days
Land Size
0.15 acres
Price per sqft
$212
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1959
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 11 months ago (REcolorado MLS #2708495)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | Listed by CENTURY 21 Altitude Real Estate, LLC | $515,000 | |
| Listed by CENTURY 21 Altitude Real Estate, LLC | |||
| | |||
|
Welcome to this recently renovated 5-bedroom residence located in a sought-after area! As you enter, you'll be welcomed by refreshed hardwood floors and an inviting open layout. The contemporary kitchen boasts fresh cabinets, quartz countertops, and stylish lighting. The main level features three bedrooms, a full bathroom, and a cozy mudroom. Descend to the lower level to find an extra family room, two additional bedrooms, an updated bathroom, and a convenient utility/laundry room equipped with a washer and dryer. Step outside to explore the expansive yard complete with a storage shed. This home is ready for immediate occupancy with all new essential systems including HVAC with central air and a water heater. Conveniently situated near major highways, shopping centers, parks, and recreational facilities.
| |||
| Jan 22, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2007 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Welby
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Listed by: Diana Rangel, Century 21 Altitude Real Estate, LLC
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 2708495
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 2708495
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