605 Iris St
About This Property
A MUST SEE!! Welcome to Brighton Crossing, a neighborhood with many amenities including 2 Rec Centers, an outdoor pool, many parks, a dog park and more!
This light and bright large ranch 5 bed, 3 bath home was built with many upgrades and is a perfect set up for multi-gen living! LVP flooring through main areas of main floor allows for a seamless flow, with upgraded carpet in the bedrooms. The roomy open concept family room, dining area and kitchen offer plenty of space to entertain or spend time with your loved ones. The kitchen features granite countertops, large island with room to sit, stainless appliances, 5 burner gas range, double ovens and a large pantry. The sliding glass door to the back yard takes you to the covered concrete patio and 2 lower patio areas an the grassed yard; the gas stub grilling area is ready for your grill!
The large primary bedroom features an attached bathroom with double sinks, a large walk in shower with custom tile, and a large closet. You will also find 2 additional bedrooms on the main floor, a full bathroom, and a roomy laundry room with a utility sink. The full basement features a large rec room wired for surround sound and projector, 2 additional spacious bedrooms and a 3/4 bath, as well as an area that can be finished as a kitchenette/wet bar. There is plenty of storage space in the basement. The 2 car garage allows extra room for storage, tools or toys. This home was built with many upgrades including added windows, larger island and fiber. Other additions: tankless water heater was installed in 2023, Vivint Security System including all equipment and Rainsoft EC5 Series Water FilterSystem.
2 blocks from the Venture Center/Pool, 3 blocks from Padilla Elem School. Neighborhood also has a 2nd Rec Center & dog park. Near I-76, Hwy 85, Hwy 7 & E-470, shopping, schools, Barr Lake,& other amenities. 20 min to DIA, 25 min to Downtown Denver.
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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.
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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 20, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by Key Team Real Estate Corp. | $599,999 | |
| Listed by Key Team Real Estate Corp. | |||
| | |||
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This spacious and inviting ranch-style home is thoughtfully designed with plenty of upgrades. The main floor boasts LVP flooring throughout the common areas, creating a seamless flow, while plush upgraded carpet keeps the bedrooms cozy. The open-concept family room, dining area, and kitchen provide the perfect space to entertain or simply enjoy family time. The chef's kitchen features granite countertops, a large island with seating, stainless steel appliances, a 5-burner gas range, double ovens, and a large pantry for all your storage needs. Step outside through the sliding glass doors to a covered concrete patio, two lower patios, and a lush grassy yard. The gas-stubbed grilling area is ready for BBQ nights!
The primary bedroom is a true retreat with its ensuite bathroom, offering double sinks, a spacious walk-in shower with custom tile, and a large walk-in closet. Two additional bedrooms, a full bathroom, and a roomy laundry room with a utility sink complete the main floor. Downstairs, the finished basement offers a large rec room wired for surround sound and a projector-perfect for movie nights. There are two more spacious bedrooms bath, plus an area that can be transformed into a kitchenette or wet bar. Storage is plentiful throughout the basement, and the two-car garage has additional space for tools, toys, or more storage. Built with upgrades such as extra windows, a larger island, and fiber connectivity, this home is modern and convenient. Additional perks include a tankless water heater (installed in 2023), a Vivint Security System with all equipment, and a Rain soft EC5 Series Water Filter System. Two blocks from the Venture Center/Pool and three blocks from Padilla Elementary School, the neighborhood offers easy access to I-76, Hwy 85, Hwy 7, and E-470, plus shopping, Barr Lake, and more. Only 20 minutes to DIA and 25 minutes to Denver-Brighton Crossing truly has it all!
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| Oct 18, 2024 | Relisted | $599,000 | |
| Relisted | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017