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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Residential income homes
10405 62nd Pl Arvada, CO 80004-4818
Individually Owned
10-yr Hold
Property ID
US13-0109752
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1962
Construction
STEEL FRAME
Total area
3,234 SF
Lot
0.21 ac (8,932 SF)
APN
39-091-00-008
UPID
US13-0109752
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$348k
Blend (final)
Blend
$565k
Owner & transaction history
Matthew K Cobb · 10 yrs held
Matthew K Cobb
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arvada submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arvada submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$640,000
7%
$595,000
Blend value · Realmo final
$565k
Range $509k – $622k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$175 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,947
Tax year 2023
Assessed value
$40,696
Assessed 2023
Previous assessed
$40,696
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$11,969
Assessed improvement
$28,727
Land market value
$178,640
Improvement market value
$483,760
Total market value
$662,400
Applied tax rate
1,013.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1962
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
AC.PACKAGE
Stories
3
Units
4
Rooms
4
Total area
3,234 SF
Lot
0.21 ac (8,932 SF)
APN
39-091-00-008
UPID
US13-0109752
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1962
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
4
Rooms
4
Lot
0.21 ac
Current owner
From public records · entity-resolved
Matthew K Cobb
Individual
Mailing address
2339 VAN GORDON ST, LAKEWOOD, CO 80215-1013
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2015
$430,000
Matthew K Cobb
Rick Gill LLC
Warranty Deed
$322,500 · Summit Mortgage Corp
Nov 21, 2013
—
Rick Gill LLC
Willcox,edwin G
Quit Claim Deed
related
—
Sep 27, 2013
—
Rick Gill LLC
Willcox,edwin G
Quit Claim Deed
related
—
Sep 24, 2013
$365,000
Edwin G Willcox
L & B Investments LLC
Warranty Deed
$273,750 · Commerce Mortgage Corp
May 4, 2006
—
L & B Investment LLC
Welk,larry V & Ben K
Quit Claim Deed
related
—
Dec 13, 2005
$380,000
Larry Welk
Auster,paul G & Susan E
Warranty Deed
$304,000 · Greenpoint Mortgage Funding
Oct 22, 2004
$365,000
Paul G Auster
Shoemaker J H & L A Trust
Warranty Deed
$255,000 · Taylor Bean & Whitaker Mtg
Apr 2, 2001
$349,000
James Shoemaker
Azzam,azzam S & Sandra
Grant Deed
$279,200 · North American Mortgage
—
—
Azzam S Azzam
—
Deed Of Trust
related
$206,000 · Cherry Creek Mortgage Co INC
—
—
Azzam S Azzam
—
Deed Of Trust
related
$101,285 · Clear Creek National Bank
—
—
Shoemaker,tr
—
Deed Of Trust
related
$278,800 · Washington Mutual Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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