6845 W 55th Pl
About This Property
Inside you'll find new flooring and paint throughout, new kitchen cabinets and countertops, and an updated bathroom. The washer and dryer are staying too, so you can just move in and start making it yours.
There are still a few projects and plenty of room to make this home your own. The existing sunroom is full of possibilities-think greenhouse, covered porch, or potential to incorporate the space into the home. You get to decide what works for you.
The backyard has room for the dog, a garden, dinner outside or just hanging out with friends. There's a brand-new shed for bikes, tools and all the extra stuff, and the long driveway has room for multiple cars. A super-wide gate gives you access to the backyard and is wide enough to pull a camper through-definitely not something you find at every house.
Olde Town Arvada is just minutes away, so coffee, dinner, drinks, shopping or an afternoon wandering around town are all close to home. And the G Line is nearby when you want to head into Denver and leave the car behind.
It's cute, it's updated, and it still has a little room for your own ideas. Your own house, your own backyard and no HOA. What's not to love?
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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