965 Madison St
About This Property
Built in 1908, when home Craftsmanship was still truly an artform, this 3-4 bdrm/2 bath 2288 square foot home has a new kitchen, new bathroom, new carpet and flooring throughout, new paint, newer roof, and oversized 2 car garage, This lovely turnkey home has it all and is a perfect home base for the best in Colorado Living.
965 Madison has been lovingly maintained by the same family for nearly 50 years, and the sellers have worked hard to pass it on to its new owners with pride. The main floor features 2 bedrooms, a den or office, an updated bathroom, living room, dedicated dining room, and back porch for a pocket office and breakfast nook. The kitchen has been redone with all new appliances and cabinetry.
With a flowing and comfortable floorplan, lots of natural light, and plenty of space for everyone to 'be alone together', this house features something for everyone. Chat with neighbors at sunset from the expansive front porch, Host a gathering with friends in your new kitchen and large dining room, walk for Blue Pan Pizza or Sweet Cooies ice cream for a treat, walk the littles to Teller, play with the furbabies in the yard, spend the weekend tinkering in your two car garage, hop on the nearby arteries to be at DIA, Red Rocks, or sporting in the mountains in half an hour, or just simply snuggle in on a snowy Colorado night. This charming home shows beautifully and is ready for you to call home!
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Cap Rate Calculator
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 8, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by Keller Williams Realty Urban Elite | $800,000 | |
| Listed by Keller Williams Realty Urban Elite | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017