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Boulder 80305 Table Mesa
1225 Drexel Street
$1,101,000
● House - Off Market

1225 Drexel Street

Boulder, CO 80305
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,950 Ft²
$1,031,319
RealtyHop Estimate
11.49%
Since Jun 1, 2021
CO-Denver
Primary Model

About This Property

Welcome to Table Mesa! Nestled under Boulder's Mountain Parks, stroll to schools, trails, dining, brew pubs, parks, Viele Lake and all Boulder has to offer. This 5 bed/2ba  has a remodeled kitch w/maple cabs and Quartz cntrs,  new bathrm, egress wndws, professionally lndscaped & irrigated yard w/ raised beds, beautiful flagstone patio & storage shed. Living room fireplace, pristine hardwood floors, kitchen opens to living room, This home is leased to wonderful family thru end of July for $2900/m. Smart regs compliant. Sitting on a quiet & level street, with quick access leaving town. LEASE SHALL CONTINUE THRU THE END OF JULY (IF BUYER USES OWNER OCCUPANT FINANCING CLOSING WILL HAVE TO BE JUNE 1ST OR LATER)
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$474
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1964

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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 (REcolorado MLS #RECIR938827)

Price History

Date / Event Date Event Price
May 24, 2021 Sold
Premium
Sold
Apr 28, 2021 Listed by Compass - Boulder $925,000
Listed by Compass - Boulder
Jul 14, 2011 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 975
  • Garage Type: 1
  • Garage Square Area: 275
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,981
  • Total Building Area: 2,225
  • Gross Building Area: 2,225
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TABLE MESA 1 - BO
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 29 BLK 22 TABLE MESA 1

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012509

Geography

  • Assessors Map Reference: B24-B
  • Account Number: R0013852
  • Parcel: R0013852
  • Block: 22
  • Lot: 29
  • Meridian: SEC 08 TWN 1S RNG 70
  • Municipality: BOULDER
  • Latitude: 39.9772
  • Longitude: -105.252

    Address

  • Full Address: 1225 Drexel St
  • Address - House Number: 1225
  • Address - Street Name: Drexel
  • Address - Suffix Type: St
  • State: CO
  • City Name: Boulder
  • Carrier Code: C012
  • 4-Digit Zip Code: 6423
  • Zip Code: 80305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $537,292
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 82
  • Final Value: 1,301,252
  • High Value: 1,494,136
  • Low Value: 1,108,368

    Market Valuation

  • Market Total Value: $1,203,700
  • Market Land Value: $915,700
  • Market Improvement Value: $288,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,430
  • Assessed Land Value: $61,947
  • Assessed Improvements Value: $19,483

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3887089
  • Previous Sale Recording Date: Jul 14, 2011
  • Previous Sale Contract Date: Jul 13, 2011
  • Previous Sale Amount: $427,300
  • 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 South Boulder

Stats & Trends

Median Asking:

$982,500

Sale Price/ft²

$597

Below Asking

0.02%

Average Days on Market

47

Average Home Size

2053 ft²

Average Home Age

49.6 years

Currently For Sale

62 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

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Frequently Asked Questions

When was property at 1225 Drexel Street built and last sold?
The property at 1225 Drexel Street was built in 1964 and last sold on May 14, 2021 for $1,101,000.
How much is this home worth?
The estimated value of the home located at 1225 Drexel Street is $0.
What are some comparable homes to 1225 Drexel Street?
There are currently no comparable homes to 1225 Drexel Street.
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