2 E Arvada Rd
About This Property
Septic would be required for building, and you can apply for a Household Use Only well permit or install a cistern. Just a short drive from the charming town of Blanca, where you'll find local amenities like a diner, market, gas station, and post office. Explore nearby outdoor adventures like hiking the Great Sand Dunes, fishing at Smith Reservoir, or marveling at the starlit skies in one of Colorado's best stargazing locations.
Seize this opportunity to own a slice of Colorado's natural beauty! Seller financing available.
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Price Decreased |
$4,900
↓ $90
(1.8%) | |
| Price Decreased | |||
| Sep 30, 2024 | Listed by eXp Realty, LLC | $4,990 | |
| Listed by eXp Realty, LLC | |||
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 2091520
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