37
Map
6656 Otis St
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%.
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by Keller Williams DTC | $725,000 | |
| Listed by Keller Williams DTC | |||
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Discover a home that seamlessly blends modern updates with functional outdoor spaces. The beautifully remodeled kitchen is perfect for hosting gatherings or crafting culinary delights. Step outside to your private backyard retreat, featuring a hot tub and patio, ideal for relaxing evenings or lively get-togethers. With an oversized, detached 2-car garage and an additional driveway, there's ample space for your RV, extra vehicles, or adventure toys. Upon entering the home, you will discover lots of beautiful wood flooring. The kitchen features handsome wood cabinets, quartz counters and stainless appliances. There is a spacious dining room next to the kitchen as well as an additional sitting area with energy efficient gas stove. As an added bonus, there is main floor laundry to anyone not wanting to haul clothes up and down the stairs! The primary bedroom has a beautifully updated 3/4 ensuite bath. There are two secondary bedrooms on this level as well as a nice main bathroom. The finished basement is very bright and features a large recreation room and bedroom. Great central Arvada location with great access to Olde Town Arvada, the Light Rail station and easy access to I-70. Getting to downtown, the ski slopes and DIA are easy and convenient as is the proximity to local shopping and dining options. You won't find a better cared for or loved property where the updates were lovingly and carefully crafted as opposed to throwing it together for a quick sale. Located near Secrest Park, you'll enjoy easy access to green spaces, playgrounds, and recreational opportunities. This home offers both convenience and a lifestyle designed for enjoying Colorado living to the fullest. Welcome Home!
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| Apr 6, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017