$1,011,860
●
House -
In Contract
1451 Bailey Pl
Erie, CO 80026
5 Beds
4 Baths
3,255 Ft²
$6,043
Est. Monthly
$74
HOA / Fees
About This Property
At the heart of the Cornell II plan, a well-appointed kitchen with
a center island and direct access to the backyard overlooks a
spacious dining and great room area-boasting plenty of space for
relaxing and entertaining. Additional main-floor highlights include
a bedroom, private study and full bath off the two-story foyer.
Heading upstairs, you'll find a versatile loft with access to three
secondary bedrooms-one with an en-suite bath-a full hall bath, and
a lavish primary suite with a roomy walk-in closet and a
dual-vanity bath. A full unfinished basement completes the
home.
Photos are not of this exact property. They are for representational purposes only. Please contact builder for specifics on this property. Ask about our incentives.
Photos are not of this exact property. They are for representational purposes only. Please contact builder for specifics on this property. Ask about our incentives.
Unit Size
3,255 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$311
Property Type
House
Property Taxes
$1,000
HOA Dues
$74
Year Built
-
Listed By
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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: 9 months ago (REcolorado MLS #7959458)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Price Decreased |
$1,011,860
↓ $51K
(4.8%) | |
| Price Decreased | |||
| Dec 23, 2025 | Listed by Landmark Residential Brokerage | $1,062,370 | |
| Listed by Landmark Residential Brokerage | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 3
Interior Details
Full Bathrooms: 4
Laundry Features: Upper Level
Basement: Unfinished, Partially Finished
Exterior Details
Square Footage: 3255
Square Footage Source: $0
Property Condition: New Construction
Year Built: 2026
Builder Name: Century Communities
Building Area Total: 3255
Levels: Two
Window Features: Double Pane Windows
Construction Materials: Wood Siding, Wood/Frame, Brick/Brick Veneer
Pool is Private
Lot Size Area: 12631
Lot Size Units: Square Feet
Lot Size Acres: 0.29
Lot Size Square Feet: 12631
Water Source: City Water
Financial Details
Tax Annual Amount: $12,000
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Hot Water
Sewer : Public Sewer, City Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash
HOA Fee: $74
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Boulder
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Listed by: TEAM KAMINSKY, Landmark Residential Brokerage
Last Updated: 9 months ago
Data Source: REcolorado MLS, MLS# 7959458
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 9 months ago
Data Source: REcolorado MLS, MLS# 7959458
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