5495 W 60th Ave
About This Property
This parcel is directly adjacent to a recent and successfully developed multi-family residential project that is completely sold out. To view the Offering Memorandum please go to this website:https://ulxcommercial.com/ArvadaLand/
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 9, 2026 | Listed by Real Broker, LLC DBA Real | $3,495,000 | |
| Listed by Real Broker, LLC DBA Real | |||
| Jul 10, 2025 | Price Decreased |
$3,800,000
↓ $450K
(10.6%) | |
| Price Decreased | |||
| Mar 14, 2025 | Relisted | $4,250,000 | |
| Relisted | |||
| Dec 1, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed | $4,250,000 | |
| Listed | |||
| | |||
|
100% Permit Ready! This 2.55 Acre parcel located in an excellent location in the heart of Arvada. Adjacent to the Gold Strike Light Rail Station at 60th & Sheridan, this development is currently permit ready for 40 Townhome units. These units have been efficiently designed to appeal to buyers' wants and needs while also maximizing the builders potential profitability. This site location provides easy access to Sheridan, I-76, I-70. Proximity to light rail is attractive to future buyers as well as the developer who will have decreased affordable housing fees with the City of Arvada because of the proximity within .5 miles of a light rail station.
This parcel is directly adjacent to a recent and successfully developed multi-family residential project that is completely sold out. To view the Offering Memorandum please go to this website:https://ulxcommercial.com/ArvadaLand/
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017