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8775 Lamar Dr
About This Property
The tri-level layout provides comfortable separation between living spaces while still feeling connected. Upstairs, you'll find inviting bedrooms and a beautifully refreshed bathroom with an updated vanity and tile surround. The lower level offers 2 bedrooms and another updated bath, giving you flexibility for family, guests, a home office or hobbies. The finished basement adds even more usable space and can easily serve as a recreation room, media area, workout space or quiet retreat.
One of the standout features is the spacious sunroom, a bright and comfortable place to enjoy morning coffee, unwind at the end of the day or gather with friends. Outside, the large fenced yard offers room for gardening, play, pets and summer barbecues. The generous corner lot provides added outdoor space.
Located in the established Lake Arbor community, this home puts recreation and everyday conveniences close at hand. Lake Arbor Golf Club is nearby, along with neighborhood parks and Little Elementary School. Shopping, cafes and dining, groceries and other retail destinations are also just minutes away, making errands and daily routines simple. With its extensive updates, flexible living areas, ample outdoor space and convenient Arvada location, this move-in ready home offers the space you need and the lifestyle you've been looking for. New water heater. Certified HVAC. 5-year certification on the roof.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017