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16797 W 61st Pl
About This Property
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Set in west Arvada, 16797 W. 61st Place offers main-level living, thoughtful separation of space, and an easy-care exterior setting. With 1,552 finished square feet plus an unfinished basement, the home provides comfortable everyday living now with room to expand or customize over time. The main-level primary suite sits apart from the secondary bedrooms, creating privacy and convenience while keeping the kitchen, dining, and living areas close at hand.
Downstairs, the unfinished basement adds valuable flexibility for future bedrooms, a media room, fitness area, workshop, storage, or a personalized lower-level design. Outside, a private deck extends the living space and creates an inviting spot for coffee, grilling, container gardening, or relaxed outdoor dining. Community-maintained exterior care helps reduce routine upkeep while still preserving the feel of a single-home setting.
The west Arvada location places parks, trails, shopping, restaurants, golf, downtown Golden, and Old Town Arvada within easy reach. Enjoy quick access to foothill recreation, local dining, retail, breweries, community events, and transit connections. With main-level comfort, future-ready lower-level space, a private deck, and low-maintenance exterior care, this home offers a practical and welcoming foothold in one of Arvada's most connected west-side areas.
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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