8209 Balsam Way
About This Property
Situated on a generous corner lot (0.29 acres), the backyard is ideal for entertaining with a patio, mature trees, and mountain views. Enjoy privacy, space, and a strong community feel-all within minutes of parks, trails, schools, and shopping. Additional highlights include central A/C, a 2-car attached garage, extra driveway parking, and outdoor storage.
home is sold as is seller will not do any repairs.
House is sold as-is
Don't miss this move-in ready gem in one of Arvada's most established and welcoming neighborhoods!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Price Decreased |
$620,000
↓ $40K
(6.1%) | |
| Price Decreased | |||
| Nov 7, 2025 | Price Decreased |
$660,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
| Sep 3, 2025 | Price Decreased |
$690,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Aug 12, 2025 | Price Decreased |
$700,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017