5911 Jones Avenue
About This Property
Nestled in a serene neighborhood of Westminster, this remarkable property features two units on a single expansive lot, offering a total of approximately 2,200 square feet on a generous 6,390 square foot lot. The front unit boasts four spacious bedrooms and two modern bathrooms, complete with central air conditioning, a new roof, and an open-concept layout that enhances the flow of natural light. The elegant waterfall island in the kitchen serves as a stunning centerpiece, complemented by stylish shutter windows that invite warmth and charm.
The back unit, offering two additional bedrooms and one bathroom, has also been recently updated with a new mini-split system and roof, ensuring comfort and efficiency. This versatile residence is ideal for extended families seeking a communal living arrangement or investors looking for a lucrative opportunity, with the potential rental income reaching approximately $6,200 for both units.
Conveniently located near high-performing schools, grocery stores, and major freeways (405 & 22), this property provides the perfect blend of tranquility and accessibility. Don't miss your chance to acquire this exceptional investment in one of Westminster's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed by Frontier Realty Inc | $1,099,000 | |
| Listed by Frontier Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017