5409 Allison 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 |
|---|---|---|---|
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by LIV Sotheby's International Realty | $595,000 | |
| Listed by LIV Sotheby's International Realty | |||
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Spectacular development opportunity near Historic Olde Town Arvada. Just north of 52nd Avenue and Allison Street in Arvada, property has easy access to both I-70 and I-76, making travel to Downtown Denver, Golden, and Boulder, the Mountains, and Ski Resorts quick and convenient. Walking distance to Olde Town Arvada, RTD light rail, shopping, and restaurants. Includes a diverse array of shops, boutiques, galleries, unique eateries, breweries, a winery, summer concerts, festivals, special events and more…Olde Town has something for everyone. Nearby outdoor activities include trails for hiking, cycling, and horseback riding as well as golfing, tubing, kayaking, boating, and fishing. Other nearby locations include wildlife parks, reservoirs, recreation centers, ice rinks, skate parks, indoor and outdoor pools, dog parks, sports complexes, museums, and theater/art centers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017