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6592 Kipling St
About This Property
The dining area hosts french doors which lead outside to the backyard with a perimeter fence which adds privacy & style. The expanded patio, nearby mature trees, & a flat grassy yard offer a prime opportunity for ideal Colorado outdoor living. The spacious primary suite and accompanying remodeled 3/4 bath + plus 2 additional bedrooms sharing an eye-catching full bath complete the main level. Downstairs leads to an oversized family room + 2 bedrooms each w/ an egress window + 3/4 bath + expanded laundry area with ample cabinets & additional storage room. Additional features include AC & newer mechanicals. Near Olde Town Arvada, schools, parks/trails, & public transportation. Easy access to I-70, Denver, & the mountains.
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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