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Property profile & analytics
OFF-MARKET
Residential income homes
3657 King St Denver, CO 80236-6303
Individually Owned
13-yr Hold
Property ID
US13-2433238
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1935
Construction
FRAME
Total area
2,400 SF
Lot
0.22 ac (9,714 SF)
Zoning code
SB
APN
2077-05-2-34-001
UPID
US13-2433238
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fernando V Mercado · 13 yrs held
Fernando V Mercado
since 2013
7 recorded transactions
Zoning & alternative use
SB · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,850
Tax year 2023
Assessed value
$37,884
Assessed 2023
Previous assessed
$37,884
+0.0% YoY
Effective rate
7.52%
On assessed value
Land market value
$80,000
Improvement market value
$480,000
Total market value
$560,000
Applied tax rate
71.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1935
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
4
Total area
2,400 SF
Lot
0.22 ac (9,714 SF)
Zoning code
SB
APN
2077-05-2-34-001
UPID
US13-2433238
Jurisdiction
ARAPAHOE
Zoning & alternative use
SB · Denver, CO
Zoning SB · permitted uses
SB · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
Fernando V Mercado
Individual
Mailing address
PO BOX 271006, LITTLETON, CO 80127-0018
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2013
$243,000
Fernando V Mercado
Alani,halat
Warranty Deed
$200,000 · Mohsen & Donnamae Pazirandeh
Nov 12, 2009
$233,500
Halat Alani
R Investments Rllp
Grant Deed
—
Apr 13, 2009
—
Indymac Federal Bank Fsb
Indymac Bank Fsb
Quit Claim Deed
related
—
Oct 2, 2008
—
Indymac Bank Fsb
Public Trustee Of Arapahoe Cnty
Trustees Deed
related
—
Sep 9, 2008
$193,500
Marcus L Williams
Public Trustee Of Arapahoe Cnty
Certificate Of Purchase
$252,000
Aug 10, 2006
$360,000
Marcus Williams
Johnson,donald J JR
Warranty Deed
$252,000 · Silver State Mortgage
Aug 25, 2003
—
Thomas M Mchenry
3600 King St LLC
Quit Claim Deed
related
—
Aug 25, 2003
$279,000
Donald J Johnson
Mchenry,thomas M
Grant Deed
$251,100 · Lehman Brothers Bank Fsb
Nov 25, 2002
—
3600 King St LLC
Mchenry,thomas M
Quit Claim Deed
related
—
—
—
Donald J Johnson JR.
—
Deed Of Trust
related
$253,000 · Washington Mutual Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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