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11618 W 74th Pl
About This Property
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Experience exceptional space and opportunity in Arvada's coveted Harvest Lane community. This custom ranch offers approximately 4,500 square feet of thoughtfully designed living space with an open, functional layout and outstanding potential.
The main level features two spacious bedrooms, including a generous primary suite with a French door opening to a private patio, two full bathrooms, a private office, formal dining room, inviting family room, well-appointed kitchen, and convenient main-floor laundry. Multiple patios extend the living space outdoors, ideal for entertaining or quiet relaxation.
The expansive finished basement adds remarkable versatility with a third bedroom, 3/4 bathroom, large recreation room, bar area, and abundant storage-well-suited for guests, recreation, or multi-generational living.
Additional highlights include an oversized three-car garage, multiple outdoor patios, and a large backyard storage shed offering exceptional utility for tools, equipment, and seasonal storage.
While the home is ready for cosmetic updates, it presents a rare opportunity to create significant equity. A refreshed kitchen and updated bathrooms will elevate this custom residence into a true showpiece. A 4,500-square-foot ranch in one of Arvada's most desirable neighborhoods at $850,000 is an exceptional opportunity not to be missed
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017