1315 Acropolis Dr
About This Property
SPECIAL FINANCING: 5.375% for 30 years with 3.5% down FHA. This is a home with a heart that feels like a home should, imbued with many years of fastidious attention and love, meticulously cared for over the years by the original owners who now pass this graceful residence to its next stewards. Located close to the wonderful amenities of Waneka Lake Park and in the vibrant community of Lafayette, the sellers' care and updating leaves nothing to be done and also presents an ideal starting point to remodel to your desires. Updates incl Koa wood flooring in the entry & kitchen, 90%+ efficient furnace & 15 SEER A/C, new water heater, replacement windows on upper level, & new roof in 2019. Oversized 2-car garage. Just down the street are a lovely eatery, coffee house, yoga, and more. Priced to attract interest, the frosting is a 3.5% down FHA loan at 5.375% for 30 years, locked in by the seller with CMG Home Loans. Similarly low rates are available for conventional and VA. Call the agent for details.
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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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed by RE/MAX of Boulder | $670,000 | |
| Listed by RE/MAX of Boulder | |||
| May 18, 2024 | Listed by RE/MAX of Boulder, Inc | $670,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
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Sold price reflects a credit to the buyers who chose to reduce the price instead to taking advantage of the seller offered special financing. Net to seller would have been the same in either case. This is a home with a heart that feels like a home should, imbued with many years of fastidious attention and love, meticulously cared for over the years by the original owners who now pass this graceful residence to its next stewards. Located close to the wonderful amenities of Waneka Lake Park and in the vibrant community of Lafayette, the sellers' care and updating leaves nothing to be done and also presents an ideal starting point to remodel to your desires. Updates incl Koa wood flooring in the entry & kitchen, 90%+ efficient furnace & 15 SEER A/C, new water heater, replacement windows on upper level, & new roof in 2019. Oversized 2-car garage. Just down the street are a lovely eatery, coffee house, yoga, and more. Call the agent for details.
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| Apr 10, 1978 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017