5340 Nolan St
About This Property
This beauty, is the definition of pristine, and pride of ownership! It's a rare Olde Town Arvada brick ranch gem that you do not always get to witness on the market. This west-facing light and bright dollhouse is 1/2 block from the popular Columbine Acres Park, and just blocks ( walk or bike-ride away) from Olde Town Arvada Mainstreet with restaurants, bars, and shops as well as the light rail into Downtown Denver. You will walk into this home and feel the classic/charming mid-century quality build with the nostalgic & lovely cove ceilings, stunning wood cabinets in the kitchen, wood baseboards, (original hardwood) under the carpet, updated 2004 vinyl Windows, 2017 newer roof (50-year warranty), 1997 upgraded electrical panel, stunning west-facing living room window, enjoy the galley kitchen with still room to eat in the south-facing sunny kitchen nook, large 2 car garage with heater, as well as the attached working shed with also a heater, tall 6-foot fence surrounds this home and neighbors, just a couple blocks to Foster Elementary School. This home is turn-key in its mid-century mod manner but also has the potential to make it your own Arvada dream Home.
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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 |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by 8z Real Estate | $489,900 | |
| Listed by 8z Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017