7602 Pierce 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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Compass - Denver | $470,000 | |
| Listed by Compass - Denver | |||
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Welcome to the beauty that is 7602 Pierce Drive. This sprawling brick ranch home sits on a gorgeous + oversized lot in the heart of Central Arvada. The property has incredible curb appeal - with two mature oak trees, lush green landscaping, and planting beds in the front yard. Inside, you'll find a modern open floor plan with dramatic vaulted ceilings, hardwood floors (no carpets here!), a cozy wood-burning fireplace, and newly-updated fixtures for a fresh, modern feel. The eat-in kitchen offers slate grey tile flooring, brand new white quartz countertops, a custom colorful backsplash, and brand new stainless steel appliances. Down the hall, the two spacious bedrooms are separated by the bathroom, conveniently accessed from the shared hallway. Step through the back sliding glass doors, and you can entertain or dine alfresco on the patio & expanded deck every season of the year. The rest of the backyard feels like a private park - with a garden, fire pit area, and room for an additional shed, hot tub, or even playhouse on the further back deck. The property is fenced-in and lined by tall Colorado native trees for even more privacy. Don't forget about the oversized + attached garage, perfect for protection from the elements or extra storage space. This well-loved, move-in ready home is within walking distance of Little Dry Creek Park, the network of trails all around Lake Arbor, and a short walk to Indian Tree Golf Course with beautiful unobstructed views of the foothills. You'll be just minutes from all the shopping & dining options along Sheridan Blvd and Olde Town Arvada, with easy access to the Turnpike to take you Boulder, Denver, or the mountains in no time. Schedule your showing for this cutie today!
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| Oct 29, 2020 | Sold | ||
| Sold | |||
| Sep 24, 2020 | Listed by Compass - Denver | $359,900 | |
| Listed by Compass - Denver | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017