5425 Nolan St
About This Property
Step into this beautifully updated Arvada home, set on a spacious corner lot, and you'll be captivated by the bright, modern interiors. The updated kitchen boasts engineered granite countertops, stainless steel appliances, and a convenient double oven. Additional features include refinished hardwood floors, renovated bathrooms, new carpet, and a detached oversized carport with electronic gate-there's so much to love!
Outside, the fully fenced backyard awaits, perfect for pets and outdoor entertaining, complete with a lovely lawn and a sprinkler system. Nestled in a quiet neighborhood just blocks from Wadsworth, this home offers easy access to Olde Town Arvada, I-70, the new G line, and a variety of restaurants and shops.
Nature lovers will appreciate the nearby parks and trails, making it easy to enjoy outdoor activities, whether you prefer a leisurely stroll or a more adventurous hike. Plus, commuting is a breeze with the nearby light rail system connecting you to the Denver metro area. Don't miss out on the opportunity to make this charming home yours!
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Price Decreased |
$579,000
↓ $30K
(4.9%) | |
| Price Decreased | |||
| Oct 5, 2024 | Price Increased |
$609,000
↑ $30K
(5.2%) | |
| Price Increased | |||
| Sep 24, 2024 | Listed by Real Broker, LLC DBA Real | $579,000 | |
| Listed by Real Broker, LLC DBA Real | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017