$358,732*
●
Condo -
Off Market
1850 Ionic Dr #A
Lafayette, CO 80026
2 Beds
1 Bath
980 Ft²
$252,000 - $306,000
Reference Base Price*
28.58%
Since Nov 1, 2020
CO-Denver
Primary Model
About This Property
Updated, light-filled first floor condo with new furnace
2020, new paint and appliances 2019, new floors 2018, newer kitchen
and bathroom. Attached oversized garage is very convenient -
walk right in to laundry/ mud room. Additional parking space
in front of garage. Patio/ fenced in yard space. Great location-
less than 1 mile to Coal Creek Corridor Open Space, Waneka
Lake. Close to RTD, grocery store, shops, restaurants. Easy
to show. Please allow until Monday, August 31st, 5:00 for response
time, if writing an offer.
The manager has listed the unit size as 980 square feet.
The manager has listed the unit size as 980 square feet.
Unit Size
980 Ft²
Days on Market
-
Land Size
-
Price per sqft
$285
Property Type
Condo
Property Taxes
$1,679
HOA Dues
$15
Year Built
-
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Price Decreased |
$355,800
↓ $11K
(3%) | |
| Price Decreased | |||
| Apr 26, 2024 | Price Increased |
$366,700
↑ $11K
(3.1%) | |
| Price Increased | |||
| Apr 15, 2024 | Listed | $355,800 | |
| Listed | |||
| | |||
|
Nicely updated light-filled main level condo with a patio & fenced in yard/garden area. Attached one car garage with additional parking space outside of the garage. Laundry room and mud room off the garage. Stainless steel refrigerator, range/oven, and dishwasher installed in 2019. Updated kitchen and bathroom. New floors in 2019, new furnace 2020, newer hot water heater and new interior paint 2019. HOA open area out the front door & backyard area. Across the street from a large park & playground. Close to Coal Creek Trail which connects to open space & Waneka Lake. Centrally located near the RTD bus route. South facing unit and great location to grocery store, shops, restaurants. Easy to show.
| |||
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Property Highlights
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/14/2024
|
2 Bed
|
1 Bath
|
980 ft²
|
$355,800
2 Bed
1 Bath
980 ft²
|
$361,000
+1.46%
07/09/2024
|
Tammy Milano
RE/MAX Elevate
| |
|
04/20/2022
|
2 Bed
|
1 Bath
|
980 ft²
|
$342,500
2 Bed
1 Bath
980 ft²
|
$366,000
+6.86%
07/11/2022
|
Pete Abel
RE/MAX of Boulder, Inc
| |
|
08/25/2020
|
2 Bed
|
1 Bath
|
980 ft²
|
$279,000
2 Bed
1 Bath
980 ft²
|
$291,100
+4.34%
10/16/2020
|
Ardee Imerman
| |
|
06/03/2018
|
1 Bed
|
1 Bath
|
812 ft²
|
$225,000
1 Bed
1 Bath
812 ft²
|
$250,000
+11.11%
06/15/2018
|
Ro Troia
Coldwell Banker Realty-Boulder
| |
|
06/01/2017
|
2 Bed
|
1 Bath
|
980 ft²
|
$239,000
2 Bed
1 Bath
980 ft²
|
$256,000
+7.11%
06/27/2017
|
Delian Joffid
Housing Helpers of Colorado
| |
|
12/29/2016
|
2 Bed
|
1 Bath
|
980 ft²
|
$239,700
2 Bed
1 Bath
980 ft²
|
$250,000
+4.30%
01/31/2017
|
Tammy Milano
RE/MAX Elevate
| |
|
09/25/2013
|
1 Bed
|
1 Bath
|
828 ft²
|
$129,900
1 Bed
1 Bath
828 ft²
|
$127,500
-1.85%
11/19/2013
|
Merlyn Kleppen
MB PEOPLES PREF
|
Building Info
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