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9420 Ridge Rd
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 |
|---|---|---|---|
| Feb 4, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by RE/MAX Alliance | $635,000 | |
| Listed by RE/MAX Alliance | |||
| | |||
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This updated Mid-Century Modern Ranch with no projects in sight sits on a corner lot and is just a short drive/bike/Uber from Olde Town Arvada. the home offers a modern living experience with updated finishes throughout. Key features include* Spacious Living Areas: living spaces are available on both the main floor and in the basement, perfect for relaxation and entertainment.* Updated Kitchen: The beautifully updated kitchen features newer energy-efficient appliances, granite countertops, and upgraded cabinets.* Comfortable Bedrooms: Three bedrooms are located on the main level, while the fourth conforming bedroom in the finished basement includes an amazing walk-in closet/room and a generous-sized attached bathroom with dual vanities and a walk-in shower. This area is perfect for a master suite, guest room, or in-law suite.* Outdoor Space: The xeriscaped front and backyard are perfect for low-maintenance living and ideal for pet lovers. The backyard features upgraded fencing, astroturf, concrete curb borders, a stamped concrete patio, and fire pit area, ideal for outdoor activities and gatherings.* Prime Location: Conveniently located near I-70, public transportation, and the mountains. It's within walking/biking distance to the light-rail station, making commuting easy. Additionally, it's just a short drive to Olde Town Arvada, where you can enjoy a variety of shopping, dining, and entertainment options. The location in the western suburbs of Denver allows easy access to all the mountain activities, making it perfect for outdoor enthusiasts.Neighborhood Highlights:* Olde Town Arvada: Just a short drive away, Olde Town Arvada offers a charming historic district with a variety of shops, restaurants, breweries, and community events.* Parks and Recreation: The area is surrounded by beautiful parks and trails, perfect for outdoor enthusiasts. Enjoy nearby Jack B Tomlinson Park and Terrace Park which features an off leash dog area.
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| Feb 25, 2021 | Sold | ||
| Sold | |||
| Jan 7, 2021 | Listed | $535,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017