6016 Pierce 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%.
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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 |
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| Apr 30, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed | $1,099,000 | |
| Listed | |||
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Discover an exceptional real estate opportunity at 6016 Pierce Street, Arvada, CO - an extraordinary 7-bed, 4-bath duplex spanning 4,011 sq ft, just about 1 mile from Olde Town Arvada. Meticulously remodeled, this property features two distinct units, 6016 A and 6016 B. Unit A, the smaller of the two, boasts a chef's kitchen adorned with quartz counters, creating a harmonious blend of functionality and style. Both floors come complete with full in-unit laundry rooms. Unit B boasts top of the line finishes, an open concept, rooftop deck connected to an indoor bar and sunroom, spacious rooms, a well appointed primary with an en suite and stainless steel appliances. This completely turnkey investment property or primary residence offers income potential, with a rental projection of $3,000 for the smaller Unit A, and $4500 in unit B. This home is ideal for those wanting to live in the larger Unit B while renting out the smaller unit or vice a versa. Experience the freedom of no HOA restrictions, coupled with a 3-car garage and a large semi-circle driveway accommodating 10 off-street parking spots. The versatile layout allows for an effortless conversion into a single-family home, providing flexibility for various living arrangements. Don't miss out on this exceptional property, seamlessly blending luxury, income potential, and flexibility in the vibrant Arvada community. Act now to secure your place near Olde Town Arvada, where charm meets convenience and income potential! 3D tour of each unit available. See the youtube video https://youtu.be/42_k6-MCBl8
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| Jul 21, 2023 | Listed | $1,150,000 | |
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Incredibly opportunity to own this beautifully updated ranch home with a full rental property below, prime Lamar Heights. 3 bedrooms/3 bath upstairs in the primary living space, and 3 bed/3 bath, in the low-maintenance rental space below. Both units of the home have been completely remodeled and have new water heaters in 2019. The owner's unit has all new high end-finishes and quality workmanship throughout: solid core craftsman doors; gorgeous 5/8" tongue-and-groove engineered hardwood flooring; a brand new high-efficiency evaporative cooler; central mini-split air conditioner in 2020; custom tile work throughout; and a completely remodeled gourmet kitchen boasting custom cabinetry with soft-close drawers, high-end stainless steel appliances, and a center eat-in island with a waterfall quartz countertop. Incredible primary retreat with a spa-inspired en-suite boasting a double vanity that matches the kitchen cabinets, a free-standing jetted soaker tub, heated tile floors, and amazing curb-less entry shower with dual spa showers. Rooftop deck from the owners' unit with downtown and mountain views! The tastefully updated rental unit has all new appliances, backsplash tile, high-quality LVT flooring, granite counters, all new fixtures throughout, new evaporative cooler, & high-end tile in the bathrooms. Each unit has its own laundry room. The Garage and storage are a hobbyists dream giving ample space for projects or a workout room. The owners' garage, the tenant's garage spot, and the storage area all have separate doors and locks so could all be rented independently. Plenty of parking with 2 garage spaces for the owners' unit, one for the tenant, plenty of off street parking, and an RV spot with an electrical hookup. The location is one of the best in metro Denver with every major store within a few minutes' drive, multiple parks & trails within a few minutes' walk, downtown in Olde Town Arvada just a 15-minute walk away, and an easy commute to I-76 & I-70.
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| Feb 13, 2020 | Sold | ||
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| Dec 10, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017