$250,000
●
Condo -
Off Market
1850 Ionic Dr #A
Lafayette, CO 80026
2 Beds
1 Bath
980 Ft²
$387,928
RealtyHop Estimate
61.84%
Since Feb 1, 2017
CO-Denver
Primary Model
About This Property
Nicely updated main level condo with a patio & garden area.
Oversized one car attached garage with additional parking space
outside of the garage. Newer stainless steel refrigerator,
range/oven, and dishwasher. Updated bathroom. New carpet, hot water
heater & interior paint. 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.
Unit Size
980 Ft²
Days on Market
-
Land Size
-
Price per sqft
$245
Property Type
Condo
Property Taxes
$82
HOA Dues
$161
Year Built
-
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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 #808602)
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 by RE/MAX Elevate | $355,800 | |
| Listed by RE/MAX Elevate | |||
| | |||
|
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
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Interior Features: Satellite Avail, High Speed Internet, Separate Dining Room, Open Floorplan
Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Window Features: Window Coverings
Laundry Features: Washer/Dryer Hookups, Main Level
Common walls with other units/homes: No One Below, End Unit
Basement: None
Exterior Details
Has Property Attached
Square Footage: 980
Square Footage Source: Assessor
Security Features: Security System Owned, Smoke Detector(s)
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1980
Above Grade Finished Area: 980Square Feet
Building Area Total: 980
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood/Frame, Brick/Brick Veneer
Patio and Porch Features: Patio
Roof: Composition
Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Within City Limits
Lot Size Units: Square Feet
Water Source: City Water, City of Lafayette
Financial Details
Tax Annual Amount: $984
HOA/Condo/Coop Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Structure, Water/Sewer, Hazard Insurance
Association Name: Centaur Village West
HOA Fee: $161
HOA Fee Frequency: Monthly
Association Phone: 303-232-9200
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Forced Air
Utilities for Property: Natural Gas Available, Electricity Available, Cable Available
Sewer : City Sewer
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
About Lafayette
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Listed by: Tammy Milano, RE/MAX Elevate
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 808602
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.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 808602
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