6950 W 54th Ave
About This Property
The backyard is an entertainer's retreat with a covered patio and two storage sheds for added storage! A rare highlight is the finished 300 sq ft detached garage, complete with a mini-split system for heating and cooling-perfect for a home office, gym, studio, or temperature-controlled garage.
And-location, location, location! This home is just minutes from the charming Olde Town district, with quick access to I-70, dining, shopping, and everyday conveniences just 5-10 minutes away.
Don't miss your rare chance to get into a fully remodeled, worry-free single-family home in a prime location!
***This home qualifies for the community reinvestment act providing 1.75% of the loan amount with a cap of $7,000 as a credit towards buyer's closing costs, pre-paids and discount points. Contact listing agent for more details.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Listed | $495,000 | |
| Listed | |||
| May 20, 2024 | No longer available | - | |
| No longer available | |||
| May 9, 2024 | Listed by Lombardi + CO Real Estate Group | $550,000 | |
| Listed by Lombardi + CO Real Estate Group | |||
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Welcome to your fully remodeled retreat nestled in the heart of Arvada! This charming 2-bedroom, 1-bathroom home has been meticulously renovated to offer both style and functionality. Step inside and you'll be greeted by new flooring throughout, creating a seamless flow from room to room. The bathroom boasts stunning custom tile work, adding a touch of elegance to your daily routine.
In the kitchen, you'll find brand new soft-close cabinets, modern appliances, and a brand new furnace and AC system, ensuring your comfort and convenience year-round. The finished 300 sq ft detached garage is a true bonus, complete with a new garage door and mini-split system for heating and cooling. Whether you envision it as a cozy retreat, a home office, or the ultimate entertainment space, the possibilities are endless.
Outside, the beauty continues with a meticulously landscaped backyard featuring not one, but two spacious sheds for all your storage needs, as well as a luxurious hot tub where you can unwind under the stars. And the location couldn't be better—just minutes from the charming Olde Town district and I-70, with an array of restaurants, parks, and shops within walking distance.
This home truly offers the best of both worlds: a peaceful sanctuary that is conveniently close to all the amenities you could ever need. You need to see this house! Don't miss your chance to make this your own slice of paradise in Arvada!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017