8563 W 48th Pl
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Relisted | $386,900 | |
| Relisted | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed | $525,000 | |
| Listed | |||
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Welcome to your charming retreat just moments away from the vibrant Olde Town Arvada! This delightful duplex, nestled in a cul-de-sac location, offers the ease of ranch-style living with no stairs and the added convenience of a two-car attached garage, all without the burden of HOA fees. Boasting three bedrooms and two bathrooms, this home has been lovingly updated with attention to detail, including updated laminate flooring, granite countertops, and stainless steel appliances, complemented by a practical desk fitting for added functionality. Enjoy the comfort of a new furnace and A/C, along with a refinished deck, perfect for outdoor entertaining. Step outside to savor the country feel in the city, with the backyard backing onto a tranquil farm setting. With its immaculate condition and prime location, this home is ready to welcome you and your personal touches with open arms. Don't miss this opportunity to make it your own oasis in the heart of Arvada!
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| Jul 30, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017