6027 Depew St
About This Property
In addition to recent updates, the home includes solar panels that are fully paid for, generating approximately 7,000 kWh per year, helping offset energy costs and adding long-term efficiency. Step outside and enjoy a spacious yard with endless potential, just two blocks from a fantastic neighborhood park. Spend your weekends exploring Olde Town Arvada, only 1.5 miles away, with its popular restaurants, shops, breweries, and year-round events. Walking distance to the bus line and light rail station. Only 4 stops to Union Station! Easy access to I-70 and I-76 makes commuting, airport trips, and mountain adventures quick and convenient.
This is a rare opportunity to own an updated, energy-efficient home on a generous lot in one of Arvada's most convenient locations.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017