6353 Gray St
About This Property
Recent updates to the home include newer roof (2017), finished basement (2017), new main sewer line new (2018), radon mitigation (2018), electric car charger (2018), upstairs remodel (2019), new gas range and fridge (2019), new basement shower (2021) updated electrical upstairs (2019) and freeze resistant piping (2021).
This location can't be beat - Close to Olde Town Arvada, great shopping, dining, bars, and easy access to I-70. Schedule your showing to see this beautiful property today!
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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