926 Newton Street

Denver, CO 80204

Incomes Property  $416,060  Sold

01-25-2017 08:17am

Remodeled stacked duplex. New roof, deck, fence, landscaping, flooring, paint, cabinets, countertops, appliances.Washer/dryer in each unit. Top unit is rented out for $1500. Bottom unit is rented well below market at $850 through February 2017. Property management companies estimating $1200-1300 for bottom unit.Top floor is available for showings. Priced attractively relative to comps and 7 to 8% cap rate! Minutes to light rail, Belmar, Sloan's Lake.

MLS#
8372822
MLS Originator
REcolorado (Denver)
Off Market Date
12-10-2016 12:00am
Original Price
$400,000

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
01-25-2017 08:17am
Bedrooms
4
Bathrooms
2
SqFt
1810
Year Built
1980
Der PSF Total
229.87

SqFt Lot
6240.00
SqFt Finished
1810
SqFt Above
1810

Sold Price
$416,060
Previous Year Tax
$1,269
Terms and Conditions
Cash, Conventional, Exchange, Private Financing, VA
Owner Paid Utilities
Water,Trash
Transaction Type
For Sale

Appliances
Cook Top, Dishwasher, Disposal, Dryer, Microwave Oven, Refrigerator (Kitchen), Smoke Alarm, Washer
Flooring
Carpet, Wood Floors
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Baths Full
0
Laundry Availability
Washer/Dryer Included

Features
Balcony, Deck, Fence, Yard
Base Size
None
Parking Spaces
1
Vehicle Spaces
4
Type
# of Space
L x W
Description
Off-Street
4
-

Building Type
Duplex (all units)
Roof
Composition Shingles
Construction
Brick
Exterior Features
Balcony, Deck, Fence, Yard
Construction Method
Brick
Builder Source
County Records

School District
Denver 1
Elementary School
Eagleton
Middle School
Strive Lake
High School
North

Annual Actual Expenses
3832
Annual Projected Expenses
3832
Annual Actual Income
28200
Annual Projected Income
33000
Annual Actual Net Income
24368
Annual Projected Net Income
29168
Unit Furnished
0

PPA
2971857.14
Lot Width
0.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 926 Newton Street, Denver, CO 80204
- Property Type: Incomes Property, 4 beds, 2 baths, 1810 SqFT
- Sold Price: $416,060
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$375,000 (1)
$392,000 (4)
$422,151 (7)
$422,151 (7)
Area 2 (1-2 miles)
$387,450 (2)
$393,580 (5)
$413,884 (9)
$413,884 (9)
Area 3 (2-3 miles)
$418,175 (6)
$384,254 (12)
$370,464 (20)
$370,464 (20)
Area 4 (3-5 miles)
$444,421 (12)
$416,495 (20)
$397,433 (28)
$406,137 (30)

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