6360 Iris Way
About This Property
As you step inside, you'll immediately be impressed by the recently refinished hardwood floors that seamlessly flow through the living room and kitchen. The wall between these spaces has been artfully taken down, creating an open living space that is rare in this neighborhood! A stylish bar top adds a touch of sophistication and is ideal for sipping on a freshly brewed cappuccino with the family.
Prepare to be wowed by the fully updated kitchen, complete with stainless steel appliances, custom range hood, and can lights that illuminate the culinary haven. The stunning quartz countertops, with waterfall edge, complement the stylish backsplash. There is no shortage of countertop space or storage in this incredible kitchen.
On the main level, find two spacious bedrooms and full bathroom featuring brand new penny tile flooring. The basement boasts great ceiling height, huge living room/flex space and two more bedrooms. A 3/4 bathroom completes the lower level, providing convenience and versatility.
Rest easy knowing that this home is equipped with a brand new high-efficiency furnace, a new hot water heater, and a radon mitigation system for your peace of mind.
Outside, revel in the privacy of an expansive corner lot that backs to Ralston Creek. The new cedar fence adds both charm and function. The covered back patio is perfect for outdoor dining and entertaining, and you're sure to enjoy evenings gathered around the fire pit.
With a one-car attached garage and off-street parking, convenience is guaranteed. Located near Olde Town Arvada, parks, and trails, this home offers endless outdoor adventures.
Schedule a tour today and experience the captivating blend of modern comforts and timeless appeal that this home has to offer!
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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