1245 Drexel St
About This Property
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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%.
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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 8, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | Listed by Compass - Boulder | $1,360,000 | |
| Listed by Compass - Boulder | |||
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The name on the road sign says Drexel Street, but neighbors here call it Dream Street. A special enclave built on friendship where neighbors know your name and have your back and where an annual July 4th parade and block party creates connection and community. This is the definition of community. When you talked to friends and family about wanting an awesome location in Upper Table Mesa, this is what you meant. When you wanted open space and mountain parks trails nearby, this is what you desired. When you ask for good restaurants, outstanding schools and the nearby grocery stores, this is what you asked for. When you talked about a sunny west facing backyard with mature trees, green grass, a chicken coop and privacy, this is what you envisioned. From the main level, to the upper level and to the lower level with a legal income generating accessory dwelling space, this home is designed to perform. With significant updates to the main kitchen cabinets, quartz countertops, subway tile backsplash and new appliances including induction cooktop and refrigerator, recessed gallery lighting, farmhouse fixtures, closet barn doors, windows, core-tec flooring, insulation, roof and gutters, new electrical panel and dimmer switches, C-USB outlets and all interior and exterior freshly painted. Set on a private, fenced-in lot with mature fruit and shade trees, the property offers an oasis of tranquility while being close to the vibrancy of Boulder. Enjoy a cup of coffee and the morning paper from the large deck off the kitchen while you listen to the babbling fountain and songbirds. Take in the seasonal views to the west where the Foothills and Flatirons captivate. Close to good schools, Viele Lake, and a short walk to trailheads to escape to the Boulder Mountain Parks trail system and a short commute to Denver. This is it, you're finally home - it's the Sigma Oasis!
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| Jun 15, 2020 | No longer available | - | |
| No longer available | |||
| Jun 1, 2020 | Listed | $975,000 | |
| Listed | |||
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Located in desirable Table Mesa, Beautiful yard with water feature and large deck, Space for office. New roof, New exterior paint, Legal rental unit with fireplace, full bath , kitchen and 1 bedroom. Close to schools, Viele Lake, stores and restaurants, 2 blocks to King Soopers and 1 mile walk to 5 different trailheads at Boulder Mountain Parks, Bike paths The manager has listed the unit size as 2121 square feet.
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| Apr 7, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017