20
Map
105 Bellevue Dr
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 |
|---|---|---|---|
| Oct 12, 2026 | Price Decreased |
$4,300,000
↓ $650K
(13.1%) | |
| Price Decreased | |||
| Feb 9, 2023 | Listed | $4,950,000 | |
| Listed | |||
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Simply breathtaking. 105 Bellevue is a one-of-a-kind, 1.439-acre property, with excellent southern exposure, looking up into the rugged beauty of Boulder's front range and the towering Flatirons, situated next to Chautauqua Park and nestled on the border of Boulder's 45,000 acre Open Space and Mountain Park systems. It is hidden and private, yet still within the city limits. The site is perfectly situated to take full advantage of the stunning backdrop of the Flatirons as well as overlooking the City of Boulder to the east. Outside your door are a wide variety of some of the most beautiful hiking trails and legendary rock climbing on the front range of Colorado. The sunny, gently sloping building site has excellent access up a private drive which spurs away from the main street. Remarkable unobstructed views shift and change throughout the day. The site takes full advantage of morning sunrises over the plains, city light views, and evening sunsets framing the mountains. All of the amenities and conveniences of the City of Boulder are only minutes away. The value is in the land. The house that is currently on the property is in less-than-ideal condition and would very likely be best removed to make room for new construction. A recent feasibility study is available for review and conceptual architectural renderings designed by Sopher Sparn Architects are available upon request to illustrate the potential. A walk through the current house gives one an idea of how impressive the Flatiron views will be from the inside of the home as well as the city views to the east. A City of Boulder demolition permit was approved 2-01-2023. This site presents a tremendous opportunity to develop a stunning architectural piece commensurate to both the neighborhood, and the landscape which encompasses it. An extraordinary new home is waiting to be built.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017