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6490 Pierce St
About This Property
Inside, you'll find hardwood floors throughout the main level and updated appliances in the kitchen. The expansive finished basement includes a cozy fireplace-perfect for movie nights, gatherings, or a quiet evening in.
A versatile bonus studio with its own private exterior entrance offers great potential as a home office, workout space, or additional living room-ideal for today's dynamic lifestyle.
Outside, enjoy a generously sized yard, a large storage shed, and a private patio-perfect for relaxing, entertaining, or taking in the fresh air. Located in a prime location directly across the street from Secrest Elementary and Rec center, and close to shopping, walking paths, I-70, and the mountains, this home also offers stunning sunset views you'll love coming home to.
Don't miss this opportunity to own a charming and functional ranch style home in one of Arvada's most convenient Arvada locations!
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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