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6487 Independence Way
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 |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$619,000
↓ $16K
(2.4%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed | $634,500 | |
| Listed | |||
| Dec 28, 2023 | No longer available | - | |
| No longer available | |||
| Oct 25, 2023 | Listed by Keller Williams Realty DTC | $625,000 | |
| Listed by Keller Williams Realty DTC | |||
| | |||
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Just 7 minutes from the heart of Olde Town Arvada, this remodeled ranch features an open floorplan and private yard - best of both worlds for a fun night out on the town or cozy evening in. The home's recent upgrades include newer flooring, a fully renovated kitchen, stainless steel appliances, upgraded bathrooms and new lighting throughout. The main floor includes a primary suite with on-suite bathroom and additional two bedrooms and shared bathroom. The french doors off the dining room lead out to the covered patio and large backyard with plenty of mature trees and shrubs. The lot offers much privacy and also includes a large side yard on the north side of the home. The basement includes a large living room - perfect for an gathering or play area - as well as two non-conforming bedrooms, 3/4 bathroom, large laundry room, and exclusive storage area. The garage also features an ample amount of storage. With owned solar panels, enjoy lower utility bills year round! This home is just minutes away from multiple recreation centers, plenty of parks, Ralston Creek and Trail, Apex Tennis Center, and an array of groceries, shops, and restaurants including Costco, Target, the Tea Garden, and MOD Pizza. With easy access to Stanley Lake, Indian Tree Golf Course, and Two Pools National Wildlife Refuge, you'll enjoy everything you love just blocks from your new home! The manager has listed the unit size as 1646 square feet.
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| Nov 15, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017