$275,000
●
Townhouse -
Off Market
7978 Chase Cir #F
Arvada, CO 80003
2 Beds
2 Baths,
1
Half Bath
992 Ft²
$1,619
Est. Monthly
$268
HOA / Fees
5.58%
Cap Rate
About This Property
Great opportunity to own a private townhome in New Westdale for a
bargain price. Comparable townhomes in Arvada bring $350K.
Pricing based on as is condition. This unit was a
non-profit rental for disabled people for over 30 years. Yes
it needs updating but is in a very nice complex in a wonderful
location near shopping, recreation and transportation and offers 2
large bedrooms, a full and half bath and reserved off street
parking. South facing light and bright living room with
fireplace. Storage shed located behind unit.
Unit Size
992 Ft²
Days on Market
-
Land Size
-
Price per sqft
$277
Property Type
Townhouse
Property Taxes
-
HOA Dues
$268
Year Built
-
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Cap Rate Calculator
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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: 3 years ago (REcolorado MLS #8377196)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2023 | Listed by CORNERSTONE REALTY INC | $275,000 | |
| Listed by CORNERSTONE REALTY INC | |||
Property Highlights
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Bedrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Refrigerator
Window Features: Bay Window(s)
Laundry Features: Main Level
Has Fireplace
Fireplace Features: Living Room, Single Fireplace
Basement: Crawl Space
Exterior Details
Has Property Attached
Square Footage: 992
Square Footage Source: Assessor
Property Condition: Not New, Previously Owned
Architectural Style: Contemporary/Modern
Year Built: 1981
Above Grade Finished Area: 992Square Feet
Building Area Total: 992
Levels: Two
Building Area Units: Square Feet
Construction Materials: Wood/Frame, Concrete
Roof: Composition
Lot Size Units: Square Feet
Water Source: City Water
Financial Details
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Structure, Water/Sewer, Hazard Insurance
Association Name: New Westdale HOA
HOA Fee: $268
HOA Fee Frequency: Monthly
Association Phone: 303-369-0800
Utilities Details
Heating Type: Forced Air
Utilities for Property: Electricity Available
Sewer : City Sewer, Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/08/2026
|
2 Bed
|
1 Bath
|
992 ft²
|
$335,000
2 Bed
1 Bath
992 ft²
|
-
-
|
Claudia Romero
Megastar Realty
| |
|
01/29/2026
|
2 Bed
|
1 Bath
|
992 ft²
|
$335,000
2 Bed
1 Bath
992 ft²
|
-
-
|
Claudia Romero
Megastar Realty
| |
|
11/17/2024
|
1 Bed
|
1 Bath
|
796 ft²
|
$300,000
1 Bed
1 Bath
796 ft²
|
-
-
|
Mike Papantonakis
RE/MAX Alliance-Olde Town
| |
|
03/01/2025
|
1 Bed
|
1 Bath
|
796 ft²
|
$329,000
1 Bed
1 Bath
796 ft²
|
-
-
|
Bob Kois
KOIS REAL ESTATE
| |
|
11/14/2023
|
2 Bed
|
2 Bath
|
992 ft²
|
$275,000
2 Bed
2 Bath
992 ft²
|
$275,000
12/29/2023
|
Larry Nelson
Cornerstone Realty Inc
| |
|
03/25/2023
|
1 Bed
|
2 Bath
|
796 ft²
|
$250,000
1 Bed
2 Bath
796 ft²
|
$290,000
+16.00%
04/07/2023
|
Cathy Burr
RE/MAX Alliance-FTC South
| |
|
10/18/2022
|
2 Bed
|
1 Bath
|
992 ft²
|
$320,000
2 Bed
1 Bath
992 ft²
|
$318,000
-0.63%
11/23/2022
|
Cheryl Jordan
Aegis Professional Realty
| |
|
09/09/2022
|
1 Bed
|
1 Bath
|
796 ft²
|
$305,888
1 Bed
1 Bath
796 ft²
|
-
-
|
Dan Thomas
8z Real Estate
|
Building Info
About Westdale
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Listed by: Larry Nelson, CORNERSTONE REALTY INC
Last Updated: 3 years ago
Data Source: REcolorado MLS, MLS# 8377196
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: REcolorado MLS, MLS# 8377196
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