$649,900
●
House -
Off Market
7683 Lee Dr
Arvada, CO 80005
4 Beds
1 Bath
2,088 Ft²
$3,442
Est. Monthly
About This Property
First time offered in 45 years! This spacious ranch offers an open
floor plan and has been lovingly cared for throughout. The bones of
this home are good, and the entry level price in one of Arvada's
best neighborhoods affords you the opportunity to take a blank
canvas and add your cosmetic updates as desired. Features include
four bedrooms and three baths, hardwood floors in the kitchen, main
level family room and the lower level offering additional space is
half finished. Also, the furnace is brand new and the roof is
scheduled for replacement! Located on a private maturely landscaped
acre corner lot complete with a large covered patio ideal for
entertaining family and friends!
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$311
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1974
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 9 months ago (IRES MLS #1022577)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2024 | Listed by RE/MAX of Boulder, Inc | $649,900 | |
| Listed by RE/MAX of Boulder, Inc | |||
| | |||
|
First time offered in 45 years! This spacious ranch offers an open floor plan and has been lovingly cared for throughout. The bones of this home are good, and the entry level price in one of Arvada's best neighborhoods affords you the opportunity to take a blank canvas and add your cosmetic updates as desired. Features include four bedrooms and three baths, hardwood floors in the kitchen, main level family room and the lower level offering additional space is half finished. Also, the furnace is brand new and the roof is scheduled for replacement! Located on a private maturely landscaped acre corner lot complete with a large covered patio ideal for entertaining family and friends!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Oak Crest
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Listed by: Daryl Smith, RE/MAX of Boulder, Inc
Last Updated: 9 months ago
Data Source: IRES MLS, MLS# 1022577
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 9 months ago
Data Source: IRES MLS, MLS# 1022577
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