7720 Pecos Street

Denver, CO 80221

Incomes Property  $338,900  Under Contract

06-27-2019 04:29pm

Property Description

House has been a great rental since 2015 (only 2 tenants in 5 yrs)! The last lease amount was $1950.00mo and could easily be rented for $2000+. The CAP Rate of 6.3 is based on $2,000 a month. Tenant pays all utilities (gas, electric, water/sewer, Internet, cable, trash). The house has central AC but the all brick exteriors keeps it cool in the Summer for low utility costs. The house was freshly painted, an open-floor-plan, tons of natural light, a covered front entry and a huge back yard! Tenants like the hardwood floors throughout, a spacious living room with a new ceiling fan, and a nice sized kitchen with newly painted cabinets. Down the hall are 2 good sized bedrooms and a full bathroom. The basement offers a large sized TV/Rec room, laundry area that can also be used as workshop, 2 more bedrooms and a 3/4 bathroom. Tenants always like the large back yard with a gardening area, the covered patio that is perfect for entertaining and an oversized 2 car garage they use as a workshop.

Listing Details

MLS#
1790488
MLS Originator
REcolorado (Denver)
Off Market Date
06-27-2019 12:00am
Original Price
$344,900

Property Details

Property
Income
Property Subtype
Income
Status
Under Contract
Status Conditions
None Known
Last Update
06-27-2019 04:29pm
Bedrooms
4
SqFt
1700
Year Built
1958
Der PSF Total
199.35

Map

Property Level and Sizes

SqFt Lot
6200.00
SqFt Finished
1542
SqFt Basement
850
SqFt Above
850

Financial Details

Previous Year Tax
$2,196
Terms and Conditions
Cash, Conventional, FHA, VA
Owner Paid Utilities
Property Tax
Transaction Type
For Sale

Interior Details

Interior Features
Cable Available, Double Pane Windows, Internet Access (Wired), Updated, Window Coverings
Appliances
Dishwasher, Disposal, Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven
Flooring
Carpet, Wood
Cooling
Air Conditioning-Central, Ceiling Fan
Heating
Forced Air
Heating Fuel
Gas
Utilities
Cable TV, Telephone

Room Details

Laundry Availability
W/D Hookups in Unit

Exterior Details

Features
Covered Patio, Fence, Front Porch, Patio, Yard
Base Type
Standard
Base Finished
Yes
Base Size
Full
Basement Finished %
90
Parking Spaces
1
Vehicle Spaces
2
Type
# of Space
L x W
Description
Garage (Detached)
2
-
Oversized

Exterior Construction

Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Brick
Exterior Features
Covered Patio, Fence, Front Porch, Patio, Yard
Construction Method
Frame
Builder Source
County Records

Schools

School District
Westminster Public Schools
Elementary School
Sherrelwood
Middle School
Ranum
High School
Westminster

Condominium Projections

Annual Actual Expenses
2340
Annual Projected Expenses
2400
Annual Actual Income
23400
Annual Projected Income
24000
Annual Actual Net Income
21060
Annual Projected Net Income
21600
Unit Furnished
0

Land Details

PPA
2420714.29
Lot Width
0.00
Road Surface
Paved Road

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 7720 Pecos Street, Denver, CO 80221
- Property Type: Incomes Property, 4 beds, - baths, 1700 SqFT
- Selling Price: $338,900
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$0 (0)
$0 (0)
$0 (0)
Area 2 (1-2 miles)
$160,000 (1)
$160,000 (1)
$160,000 (1)
$160,000 (1)
Area 3 (2-3 miles)
$160,000 (1)
$160,000 (1)
$160,000 (1)
$160,000 (1)
Area 4 (3-5 miles)
$160,000 (1)
$160,000 (1)
$160,000 (1)
$160,000 (1)

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