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Lafayette 80026
1008 ALSACE Way
$389,000
● House - Off Market

1008 ALSACE Way

Lafayette, CO 80026
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$608,758
RealtyHop Estimate
56.49%
Since May 1, 2017
CO-Denver
Primary Model

About This Property

Home sold prior to going on the market.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$295
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1982

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (IRES MLS #816233)

Price History

Date / Event Date Event Price
Jun 13, 2022 Sold
Premium
Sold
Apr 21, 2022 Listed by PRO LLC $625,000
Listed by PRO LLC
Apr 10, 2017 Sold
Premium
Sold
Apr 7, 2017 Listed by PRO LLC $389,000
Listed by PRO LLC
Aug 27, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 432
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAFAYETTE PARK 2 REPLAT - LA
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 16 BLK 7 LAFAYETTE PARK 2 REPLAT

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012907

Geography

  • Assessors Map Reference: B22-G
  • Account Number: R0086770
  • Parcel: R0086770
  • Block: 7
  • Lot: 16
  • Meridian: SEC 35 TWN 1N RNG 69
  • Municipality: LAFAYETTE
  • Latitude: 40.0106
  • Longitude: -105.087

    Address

  • Full Address: 1008 Alsace Way
  • Address - House Number: 1008
  • Address - Street Name: Alsace
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Lafayette
  • Carrier Code: C002
  • 4-Digit Zip Code: 1842
  • Zip Code: 80026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $294,946
  • Tax Rate Code Area: 00-110

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 673,522
  • High Value: 785,242
  • Low Value: 561,803

    Market Valuation

  • Market Total Value: $679,300
  • Market Land Value: $276,200
  • Market Improvement Value: $403,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,955
  • Assessed Land Value: $18,685
  • Assessed Improvements Value: $27,270

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: Jun 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3966702
  • Previous Sale Recording Date: Apr 10, 2017
  • Previous Sale Contract Date: Apr 06, 2017
  • Previous Sale Amount: $389,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lafayette

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$350

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2126 ft²

Average Home Age

31.2 years

Currently For Sale

136 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2870 Arapahoe Rd, Erie, CO, 80026

$1,680 /mo

  • 1 Bed
  • 1 Bath
  • 676 ft²
2870 Arapahoe Rd #A1 Beam, Erie, CO, 80026 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
IRES

Listed by: Colleen Vandendriessche, PRO LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 816233
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 1008 Alsace Way built and last sold?
The property at 1008 Alsace Way was built in 1982 and last sold on May 17, 2022 for $742,000.
How much is this home worth?
The estimated value of the home located at 1008 Alsace Way is $0.
What are some comparable homes to 1008 Alsace Way?
There are currently no comparable homes to 1008 Alsace Way.
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