5
Map
5406 Iris St
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 |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by Berkshire Hathaway HomeServices RE of the Rockies | $665,000 | |
| Listed by Berkshire Hathaway HomeServices RE of the Rockies | |||
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Welcome to 5406 Iris Street, an impeccably remodeled 4-bedroom, 3-bath home in the heart of Arvada. Every inch of this residence has been thoughtfully updated - from the fresh paint and new fixtures throughout to the custom design choices in the kitchen and baths. The open floor plan is enhanced by beautiful hardwood flooring that flows seamlessly from living spaces into the kitchen. The heart of the home is the all-new kitchen, featuring soft-close wood cabinets, quartz slab countertops, stainless steel appliances, and a glass tile backsplash.
Bathrooms shine with modern designer tile, custom tile showers and tubs, and quartz counters. Beautiful double-pane windows bring in natural light while boosting energy efficiency. Additional finishing touches include custom steel railings, elegant lighting upgrades, and clean, contemporary aesthetics everywhere.
Outside, the home sits on a generous lot framed by mature trees and lush greenery. The newly landscaped yard features a paver patio perfect for entertaining, plus new fencing for privacy and structure. The property was completely remodeled last year, so it's move-in ready with all the systems refreshed.
Unbeatable location - just a short walk to Olde Town Arvada's shops, restaurants, bars, and vibrant local events. Also convenient to light rail and major transit corridors for commuting. This is truly a rare find - style, comfort, and location all in one.
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| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by JDI INVESTMENTS | $640,000 | |
| Listed by JDI INVESTMENTS | |||
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Beautifully updated 4 Bedroom 3 Bath Home in Arvada with New Paint Throughout, New Lighting Throughout, Beautiful Hardwood Flooring, New Wood Cabinets with Quartz Slab Counter Tops and Stainless-Steel Appliances, Baths have New Designer Tile, Double Pane Windows! Beautiful new landscaping! Paver Patio! New fencing! This is a must-see!! Your future home is waiting!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017