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6518 W 70th Pl
About This Property
The primary suite is a standout, with a spacious walk-in closet and a stylishly remodeled bathroom featuring a custom tiled shower, double sinks and quartz vanity. The second main-level bathroom has also been fully updated with a tiled tub and shower surround and coordinating quartz vanity.
The finished basement adds even more usable space with two additional bedrooms, a generous living area, a third remodeled bathroom with a custom glass-tile shower, and plenty of storage.
Step outside to a huge, flat and fully fenced backyard with garden beds and a new concrete patio-an ideal space for entertaining, gardening, pets or simply enjoying the outdoors. Dedicated RV parking runs alongside the home, with a concrete walkway connecting directly to the backyard and patio. The attached two-car garage provides additional parking and storage.
The location is just as appealing. Multiple neighborhood parks and Two Roads Charter School are within walking distance, while nearby Olde Town Arvada offers an impressive mix of locally owned restaurants, breweries, coffee shops, boutiques and year-round community events. The Olde Town RTD G Line station also provides convenient rail access to Denver Union Station and downtown Denver.
With four bedrooms, three updated bathrooms, two full bathrooms on the main level, a finished basement, oversized backyard, RV parking and easy access to Olde Town Arvada, this home offers a rare combination of space, functionality, updates and location.
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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