7107 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%.
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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Coldwell Banker Realty 54 | $529,900 | |
| Listed by Coldwell Banker Realty 54 | |||
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Charming brick ranch in the heart of Arvada! Immaculately maintained home featuring 4 bedrooms and 2 newly remodeled bathrooms. This home has been updated and loved for the past 30+ years! Updates include new furnace and A/C in 2024, newer electrical panel, all brand new stainless steel kitchen appliances, newer windows, fresh paint throughout! Kitchen offers great cabinet space, gas stove and a lovely bay window. Maintenance free brick exterior and beautifully landscaped front and back yards, make this the perfect home. The backyard is very private and fully fenced with a covered patio to enjoy a perfect sunrise or sunset! Large laundry room too with lots of storage! Super location with easy access to Olde town Arvada, light rail, I70, I76 and Highway 36! This inviting home is ready for you to move in and make it your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017