865 King 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%.
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 9, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by HomeSmart | $430,000 | |
| Listed by HomeSmart | |||
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Perfect First Time Home Buyer opportunity nestled in the heart of Villa Park at 865 King St. Offering an expansive lot with alley access, there's ample space to realize your vision, whether it's adding a garage, expanding the living area, or creating an outdoor oasis. Denver has in the works to make all of these lots zoned for ADU so enjoy the future appreciation!
One of the standout features of this property is the large finished bedroom upstairs. This versatile area opens up a world of possibilities - from an additional bedroom or office to a cozy retreat or entertainment space. Let your imagination run wild and transform the second floor into the ultimate bonus area tailored to your needs.
Major updates have already been taken care of, including a new roof and gutters installed in 2019 and a newer sewer line put in place in 2011, central air conditioning installed 2022 . These essential upgrades provide peace of mind as you embark on this exciting journey.
Conveniently located just minutes from downtown Denver, Broncos Stadium, Sloan's Lake, and an array of dining, shopping, and recreational destinations, this home offers the perfect blend of urban accessibility and suburban charm. Explore the nearby parks, hit the trails, or enjoy a leisurely stroll around the neighborhood - the possibilities are endless.
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| Jul 29, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017