6230 Allison 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%.
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 10, 2024 | Relisted | $625,000 | |
| Relisted | |||
| Apr 4, 2024 | Listed by West and Main Homes Inc | $625,000 | |
| Listed by West and Main Homes Inc | |||
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Welcome to 6230 Allison Street - A outstanding investment opportunity in a prime location just a walk away from Olde Town with RIGHT-SIZED everything. The first thing you'll notice is the home's hand-crafted wainscoting in the entryway adding beauty, interest, and character to the home. The second? THE VIEW here is vast, spanning most of the front range with Pikes Peak taking center stage right from the living room. You'll immediately fall in love with the home's stack-bonded fireplace, ahead of its time, in distinctive black brick. In the kitchen you will find hand-crafted tongue-in-groove cabinetry and warm, attractive built-ins that stand the test of time. On the main floor there is a roomy primary bedroom plus two smaller bedrooms that offer great flex space potential. The main level bath needs updating but its custom cabinetry offers superb potential to build upon. There are two ways to access the home's sunny lower level, where the options here too, are endless. In addition to a sizeable family room with hand-crafted/modifiable built-ins for storage/media/art, find a larger non-conforming bedroom that could be perfect for a home office, gym, and/or guest room. Take a step outside and find just the right amount of space for people/pets to play/relax in a fully-fenced yard with established perennial gardens. Unique in this area - especially in this sized home - there are TWO garage spaces, a circular driveway, and a SUBSTATINAL PARKING pad offering space to store an RV, boat, or both! Located just 2 blocks from Ralston Creek Trail, 3 blocks from Wolff Creek Park, a 1 mile walk from Olde Town Arvada, and just a few minutes from Apex Recreation Center/Indian Tree Golf Course, you'll always have something fun and walkable to do, all year long. This home needs work but presents a golden opportunity for the right person to pull it through into something special. Book your showing to tour it today and bring an AMAZING VISION to life ... tomorrow.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017