1850 Ionic Dr #C
About This Property
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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%.
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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 11, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by RE/MAX of Boulder, Inc | $342,500 | |
| Listed by RE/MAX of Boulder, Inc | |||
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Clean Top floor condo. Most photos are a couple years old went property was vacant. Currently rented and tenants will be moving around June 8 to 10,2022. Property does show very cluttered but is clean. Has large south facing deck and attached garage. Large laundry room . Washer and dryer stay. New central air conditioning and forced air gas furnace in 2020. Convenient location close to bus stop, grocery store and bank. Coal creek hiking trail and Waneka Lake just a short drive. Tenant requires prior days notice to show. Tenants have young toddler and work from home so you must follow this showing window: Must always have an appointment: Monday thru Friday ok to show 7:00 am to 9 am, and 3:30pm to 6:00 pm. Saturday and Sunday 10:00 am to noon. Tenant likely will be home for most showings. Please wear a mask and remove shoes.
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| Jun 27, 2017 | Sold | ||
| Sold | |||
| Jun 1, 2017 | Listed by Housing Helpers of Colorado | $239,000 | |
| Listed by Housing Helpers of Colorado | |||
| Jan 26, 2010 | Listed | $125,000 | |
| Listed | |||
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Completely updated ranch condo w/bright open floor plan and extended balcony. Recent updates include: fresh paint, new carpet, new light fixtures, updated bath and laundry room, new dishwasher, over/range, vinyl windows, newer central air, h2o heater & much more!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017