$361,000
●
House -
Off Market
1850 Ionic Dr #A
Lafayette, CO 80026
2 Beds
1 Bath
980 Ft²
$2,156
Est. Monthly
$265
HOA / Fees
7.33%
Cap Rate
About This Property
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.
Unit Size
980 Ft²
Days on Market
-
Land Size
-
Price per sqft
$363
Property Type
House
Property Taxes
$143
HOA Dues
$265
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: 11 months ago (REcolorado MLS #6207209)
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 | |||
Show More
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Laundry Features: Main Level
Exterior Details
Square Footage: 980
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1980
Building Area Total: 980
Levels: One
Window Features: Window Coverings, Double Pane Windows
Construction Materials: Wood/Frame
Patio and Porch Features: Patio
Lot Size Units: Square Feet
Water Source: City Water
Financial Details
Tax Annual Amount: $1,720
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Forced Air
Sewer : Public Sewer, City Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Structure
HOA Fee: $265
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
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: 11 months ago
Data Source: REcolorado MLS, MLS# 6207209
© 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: 11 months ago
Data Source: REcolorado MLS, MLS# 6207209
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