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Lafayette 80026
1594 Spring Creek Dr
$775,000
● Land - Off Market

1594 Spring Creek Dr

Lafayette, CO 80026
bedrooms
Studio
bathrooms
0 Bath
$756,235
RealtyHop Estimate
-2.42%
Since Jul 1, 2023
CO-Denver
Primary Model

About This Property

Premium luxury building site in Spring Creek. Located at the very end of Spring Creek Dive this 1/2 acre lot abuts private open space and Heron Lake. This is one of the last opportunities to build a home surrounded by nature in a beautiful subdivision in northwestern Lafayette. Spring Creek is 40 minutes to DIA and 12 minutes to Boulder.  Services like shopping and restaurants are minutes away and many are walkable. This is a very special location.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
$248
HOA Dues
$100
Year Built
-

Payment Calculator

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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 (IRES MLS #990247)

Price History

Date / Event Date Event Price
Jul 5, 2023 Sold
Premium
Sold
Jun 17, 2023 Listed by Heron Realty $775,000
Listed by Heron Realty
Jul 16, 2010 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,830
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING CREEK FLG 2
  • Land Acres: 0000000478
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 41 SPRING CREEK FLG 2

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012801

Geography

  • Account Number: R0507881
  • Subdivision Tract Number: I
  • Parcel: R0507881
  • Lot: 41
  • Meridian: SEC 28 TWN 1N RNG 69
  • Municipality: LAFAYETTE
  • Latitude: 40.0215
  • Longitude: -105.121

    Address

  • Full Address: 1594 Spring Creek Dr
  • Address - House Number: 1594
  • Address - Street Name: Spring Creek
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Lafayette
  • Carrier Code: R001
  • 4-Digit Zip Code: 3438
  • Zip Code: 80026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $298,018
  • Tax Rate Code Area: 00-110

    Appraisal Valuation

  • Standard Deviation: 0.0673
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 96
  • Final Value: 780,419
  • High Value: 832,988
  • Low Value: 727,850

    Market Valuation

  • Market Total Value: $710,448
  • Market Land Value: $710,448

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,062
  • Assessed Land Value: $48,062

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4012910
  • Previous Sale Recording Date: Jul 16, 2010
  • Previous Sale Contract Date: Jul 14, 2010
  • Previous Sale Amount: $350,000
  • 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:

$639,000

Sale Price/ft²

$351

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2147 ft²

Average Home Age

31.1 years

Currently For Sale

130 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

$2,330 /mo

  • 2 Beds
  • 2 Baths
  • 1,126 ft²
2870 Arapahoe Rd #B2.2 Skyline Two, Lafayette, CO, 80026 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
IRES

Listed by: Rusty White, Heron Realty
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 990247
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 1594 Spring Creek Drive built and last sold?
The property at 1594 Spring Creek Drive was built in and last sold on Jun 28, 2023 for $775,000.
How much is this home worth?
The estimated value of the home located at 1594 Spring Creek Drive is $0.
What are some comparable homes to 1594 Spring Creek Drive?
There are currently no comparable homes to 1594 Spring Creek Drive.
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