3322 Vivian Dr
About This Property
Think you can't afford to own on the west side? Think again! Live in one unit and rent the other! Ideal for offsetting your mortgage, traveling, or earning passive income. The lower-level apartment has a private entrance, its own enclosed yard, keypad entry, full kitchen, living area, full bath, 2 bedrooms, and bonus room. Main house Laundry can be shared or locked off. Both units have proven long term rental history (Owner occupied and both units rented separately, simultaneously) . Perfect for long-term rental, short - mid term stays (City of Wheat Ridge rules). Near the new hospital-great for traveling nurses. Corporate Insurance Housing, whatever you can dream up. Creative lenders LOVE this stuff!
Great opportunity for multi-generation living, mother in law, live-in nanny or au pair suite.
UPPER LEVEL - Main Floor Ranch:
Applewood home in a prime location with no HOA. Inside, enjoy a bright kitchen with granite countertops, ample cabinetry, and new stainless appliances. Living area features new carpet throughout. The main level includes 3 bedrooms, with a primary suite and an adjoining bath. The guest bath features a rare clawfoot tub for a touch of vintage charm. Furnace replaced new in 2020, roof in 2017, and new water heater 2023.
OUTDOOR RETREAT::
Private backyard oasis with covered deck, stamped patio concrete, mature flowering trees, local wildlife, and serene walking paths to Lena Gulch-a peaceful hidden gem.
EXTRA STORAGE & PARKING:
New Driveway, 2-car garage plus side area - perfect for gear or potential 3rd-stall conversion.
PRIME LOCATION:
Minutes from Lutheran Hospital, Red Rocks, and I-70 for easy mountain access for hiking and skiing or easy commute to Downtown Denver. This area is getting a ton of capital improvements with new dining, shopping and entertainment attractions. Only a few minutes to Golden, Morrison, Boulder and Evergreen!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Price Decreased |
$868,000
↓ $6K
(0.7%) | |
| Price Decreased | |||
| Aug 23, 2025 | Price Decreased |
$874,000
↓ $15K
(1.7%) | |
| Price Decreased | |||
| Aug 3, 2025 | Price Decreased |
$889,000
↓ $6K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017