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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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by Brokers Guild Homes | $709,900 | |
| Listed by Brokers Guild Homes | |||
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**Your Contemporary Oasis Awaits in this Modern Ranch Home:** Embrace the feeling of home each time you arrive at this newly updated, radiant, and spacious contemporary modern ranch home with a mother in law that could used as income generating AirBNB with its own access. This captivating residence features 4 bedrooms and 3 Full baths and a 2 car garage, PRIVATE fully fenced-in back-yard. Step inside to find a beautifully renovated interior, featuring a brand-new kitchen with quartz countertops and backsplash, white shaker cabinets, and brushed gold hardware. The bathrooms have also been completely updated, adding a touch of luxury to this modern home. Enjoy the durability and style of the luxury vinyl plank flooring throughout the living spaces. Your kitchen space seamlessly flows to the side sunroom, where you can savor outdoor dining in a private yard. Situated in the tranquil Vada Valley neighborhood close to Old Town Arvada, known for its close-knit community, this home is a short stroll from Garrison Lake and Old Town Arvada. Offers convenient access to Downtown Denver. With its convenient location and luxurious finishes, this home is the perfect place to call home and also use the separate Master Located over the garage as an AirBNB. It has its own access and a Deck.
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| Dec 18, 2023 | Sold | ||
| Sold | |||
| Nov 18, 2023 | Listed | $485,000 | |
| Listed | |||
| Apr 10, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017