11975 W 56th 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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by RE/MAX ALLIANCE | $755,000 | |
| Listed by RE/MAX ALLIANCE | |||
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Seller offering a $15,000 seller concession toward closing costs or rate buydown during opening weekend! Now's your opportunity to get into the highly coveted Rainbow Ridge subdivision in Arvada! This is the first home to sell in the subdivision in over 18 months! Backing to the Van Bibber Creek Trail, you have unobstructed mountain views to the northwest and no back neighbors! A beautiful backyard with new Trex deck along with a side deck and paver patio will have you enjoying your summers in your private back yard. The 3 car garage will fit all of your toys, and you'll be in the mountains or downtown Denver in no time with it's close proximity to highway 70. Inside, the multi level layout gives you multiple living space options, and plenty of room for customization. Fresh carpet on the main and upper floors, as well as new flooring in the bathrooms make this property move in ready! High ceilings and abundant light open this house up to make it feel much bigger than it's actual square footage! Schedule your showing today, this one won't last!
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| Apr 3, 2001 | Sold | ||
| Sold | |||
| Jul 29, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017