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6810 Simms Ct
About This Property
From the moment you walk in, the grand entry opens to a light-filled, vaulted main level designed for both everyday living and easy entertaining. Formal living and dining spaces set the stage for gatherings, while the perfectly situated office allows for privacy. The updated kitchen is the true heart of the home, featuring freshly painted cabinetry, granite countertops, a gas cooktop, double ovens, and generous storage. It flows seamlessly into the cozy family room with vaulted ceilings and a fireplace-perfect for quiet evenings or hosting friends-with easy access to the backyard. Upstairs, the primary suite feels like a retreat, complete with a newly remodeled bathroom, walk-in shower, and walk-in closet. Just a few steps down are two additional bedrooms with charming built-in niches and a full guest bath, offering a thoughtful layout that provides both connection and privacy. The finished basement expands the living space even further with a large bonus room, media room, two additional bedrooms, a spacious bathroom, and abundant storage-ideal for guests, a home office setup, or multi-generational living. Outside, enjoy a private yard that blooms abundantly in spring time with beautiful flowers, 2 Plum trees, and 2 Apple trees, offers a covered patio with hottub, an expansive deck, storage building, and a rare 3-car garage-plenty of room for bikes, gear, and Colorado adventures. All of this, just minutes from trails, parks, and everything Arvada has to offer. Priced at a great value, this home isn't just move-in ready-it's an opportunity for instant equity and a lifestyle you'll love coming home to.
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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