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Lafayette 80026
1209 Balmora Street
$627,500
● House - Off Market

1209 Balmora Street

Lafayette, CO 80026
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,848 Ft²
$641,090
RealtyHop Estimate
11.49%
Since Jun 1, 2021
CO-Denver
Primary Model

About This Property

Mostly updated & spacious home tucked away in popular Lafayette Park! Over the past 6 years; new roof, windows, A/C, H20 heater, upper bath, all flooring, all paint, refreshed kitchen w/ granite & ss appliances, & 240v for e-car, more. Oversized 1 car garage (364sqft). Backyard is spacious and ready for your vision. Steps away from multiple trails, open space, & short bike ride to rec center / ballfields & Old Town restaurants, breweries, coffee, & ice cream.
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$311
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 (REcolorado MLS #RECIR938002)

Price History

Date / Event Date Event Price
May 17, 2021 Sold
Premium
Sold
Apr 16, 2021 Listed by WK Real Estate $575,000
Listed by WK Real Estate
Aug 3, 2015 Sold
Premium
Sold
Mar 25, 1996 Listed $139,900
Listed

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 572
  • Garage Type: 1
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,438
  • Total Building Area: 2,100
  • Gross Building Area: 2,100
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,736
  • 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: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 17 BLK 3 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: R0086664
  • Parcel: R0086664
  • Block: 3
  • Lot: 17
  • Meridian: SEC 35 TWN 1N RNG 69
  • Municipality: LAFAYETTE
  • Latitude: 40.0127
  • Longitude: -105.088

    Address

  • Full Address: 1209 Balmora St
  • Address - House Number: 1209
  • Address - Street Name: Balmora
  • Address - Suffix Type: St
  • State: CO
  • City Name: Lafayette
  • Carrier Code: C002
  • 4-Digit Zip Code: 1868
  • Zip Code: 80026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $274,846
  • Tax Rate Code Area: 00-110

    Appraisal Valuation

  • Standard Deviation: 0.1382
  • Valuation Date: May 17, 2023
  • Confidence Score: 83
  • Final Value: 699,420
  • High Value: 796,084
  • Low Value: 602,757

    Market Valuation

  • Market Total Value: $658,600
  • Market Land Value: $222,000
  • Market Improvement Value: $436,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,554
  • Assessed Land Value: $15,018
  • Assessed Improvements Value: $29,536

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3885398
  • Previous Sale Recording Date: Aug 03, 2015
  • Previous Sale Contract Date: Jul 22, 2015
  • Previous Sale Amount: $375,300
  • 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:

$636,000

Sale Price/ft²

$351

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2186 ft²

Average Home Age

30.4 years

Currently For Sale

125 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, Lafayette, CO, 80026

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 748 ft²
2870 Arapahoe Rd #A3 Dawn, Lafayette, CO, 80026 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 1209 Balmora Street built and last sold?
The property at 1209 Balmora Street was built in 1980 and last sold on May 13, 2021 for $627,500.
How much is this home worth?
The estimated value of the home located at 1209 Balmora Street is $0.
What are some comparable homes to 1209 Balmora Street?
There are currently no comparable homes to 1209 Balmora Street.
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