30
Map
9465 Damon Dr
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 |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Listed | $438,000 | |
| Listed | |||
| May 27, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | Listed | $350,000 | |
| Listed | |||
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Situated on an elevated corner lot in an established Northglenn neighborhood, 9465 Damon Dr. offers a rare opportunity to create value through thoughtful updates and vision. Perched on a hill and set on one of the largest lots in the area at approximately 10,200 square feet, this property immediately stands out for its scale, positioning, and long-term upside.
The home features 4 bedrooms and 2 full bathrooms, providing a solid and flexible layout that can be enhanced to meet today's buyer expectations. The expansive corner lot offers added privacy, curb appeal, and future potential whether through outdoor improvements, landscaping, or expanded living spaces. Lots of this size are increasingly difficult to find, making this a compelling asset for those focused on appreciation and equity growth.
Located with convenient access to major highways, shopping, dining, and employment centers, the property benefits from strong commuter appeal while remaining tucked into a residential setting. Northglenn continues to attract buyers seeking affordability, accessibility, and long-term growth, reinforcing the investment case for strategic improvements.
Whether you are an investor looking to maximize return through renovations or a homeowner eager to put in sweat equity and customize a property to your taste, this home presents a clear value-add opportunity. With its elevated setting, oversized corner lot, and desirable bedroom count, 9465 Damon Dr. offers the fundamentals that matter most when building equity over time.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017