6249 Stuart Street
About This Property
Tri-level home in the highly sought-after Arlington Meadows neighborhood of Arvada. Light-filled open floor plan, freshly painted and newer windows. Large primary suite with vaulted ceilings and a soaker bathtub and walk in closet. 3 additional bedrooms. Basement has 2 egress windows and ready for you to customize it!
Large lot and conveniently located to downtown Denver via Light rail (1mile), and within minutes of Old Town Arvada, Tennyson St, and Highlands which offer a multitude of shopping, restaurants, and breweries. Outdoor enthusiast will love this location as the neighborhood has an entrance to the Jim Baker Reservoir walking path, several parks nearby and easy access to the mountains via I70, Red Rocks Amphitheater/trail systems for tons of hiking and biking.
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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.
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