6955 Reno Dr
About This Property
Welcome to 6955 Reno Dr., where comfort and convenience intertwine in this delightful ranch-style bungalow nestled in the heart of Arvada! Boasting 2 bedrooms, 1.5 bathrooms, and 1200 square feet of living space, this move-in ready home offers a cozy retreat for relaxation and enjoyment.
Step inside to discover an inviting interior flooded with natural light, creating a warm and welcoming ambiance throughout. The heart of the home, the spacious kitchen boasts modern appliances, and a convenient gas stove and brand new refrigerator, perfect for culinary adventures and family gatherings. This home also has a well-appointed laundry room that adds practicality to daily routines, ensuring efficiency, ease and ample storage. Laundry units are included in sale. The entire home was recently painted, as well as brand new carpet throughout. Water heater was replaced in 2019.
Outside, the brand-new fully fenced yard completed in April of 2023 provides both privacy and security, making it an ideal space for outdoor activities. Additionally, an exterior shed offers abundant storage for tools, equipment, and seasonal items, keeping the home organized and clutter-free.
Immerse yourself in the beauty of the surroundings with meticulously maintained flower gardens and mature landscaping that add color and charm to the outdoor space. A sprinkler system takes care of lawn maintenance, ensuring lush greenery year-round with minimal effort on your part.
Conveniently located just a 5-minute walk from downtown Arvada, residents can easily access a vibrant array of shops, restaurants, and entertainment options. Plus, the G-line light rail entrance is just blocks away, providing seamless transportation straight to the airport and downtown Denver.
Don't miss the chance to make this delightful ranch-style bungalow your own-schedule a showing today and don't miss this unique opportunity to live in the heart of Arvada!
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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