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9025 W 68th Ave
About This Property
Plus, there is a studio attached at the back of the garage which is perfect for a home office or a yoga studio. The oversized two car garage even has roughed in plumbing for a future bathroom. This ranch home has no stairs and is easy to get around in with the new floorplan. The two original bedrooms are on the east side of the house and when the home was expanded the new master suite was added to the back where it's closest to the nature preserve and open space. While you're cooking, your guests can sit at the bar height counter and chat with you or pour themselves a drink at the built in wet bar. The dining room has beautiful hanging lights for a quiet dinner party. There is a bonus space behind the dining room which would make a super library, office or homework nook. The 2014 remodel included new windows and interior doors, new floorplan, new appliances, new electrical service, new PEX plumbing, new ductwork, 9 zone irrigation system and the house was wired for CAT-5E, cable and fiber. With over a half acre, you feel like you're in the country yet it's convenient to downtown Arvada, Denver and an easy commute to DIA.
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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