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6436 Iris Way
About This Property
The kitchen offers generous cabinet and counter space, along with a dining area that opens directly to the backyard, making indoor and outdoor living feel connected. Upstairs, you will find three bedrooms, including a primary suite with its own private bath, providing a comfortable and convenient retreat.
The lower level is a standout feature, with a large family room centered around a stunning brick wood burning fireplace that creates a warm and inviting space to relax or gather. The basement adds even more versatility with an additional bedroom, an abundance of storage, a dedicated laundry area, and flexible space for hobbies, a workout area, or additional living use. A new furnace has been installed, offering added comfort and peace of mind.
Outside, the backyard offers plenty of room to enjoy, entertain, or garden, along with a storage shed that adds extra functionality. There is space to spread out while still maintaining a manageable yard.
Located in a well established Arvada neighborhood, this home provides easy access to nearby parks, trails, and open space, along with shopping, dining, and Olde Town Arvada. Commuting is convenient with quick access to major roads and light rail options.
This home offers space, functionality, and a location that makes everyday living easy. Come check it out 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