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Lafayette 80026
205 Lucerne Dr
$697,000
● House - Off Market

205 Lucerne Dr

Lafayette, CO 80026
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,736 Ft²
$3,693
Est. Monthly
4.87%
Cap Rate

About This Property

Charming Remodeled Home! This beautifully updated home features a modern kitchen, renovated bathrooms, and an open main floor layout that creates a bright, airy living space. Enjoy the newer front patio-perfect for summer afternoons-as well as a private, fenced backyard. The home is conveniently located near scenic trails, a neighborhood park, and just a short distance from downtown Lafayette and the rec center. Don't miss out on this incredible opportunity!
Unit Size
1,736 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$402
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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: 2 years ago (IRES MLS #1030543)

Price History

Date / Event Date Event Price
Jun 6, 2025 Sold
Premium
Sold
Apr 8, 2025 Listed $697,000
Listed
Jun 20, 2005 Sold
Premium
Sold
May 11, 2005 Listed $239,900
Listed
Mar 9, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 572
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,302
  • Total Building Area: 2,256
  • Gross Building Area: 2,256
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAFAYETTE PARK 1 - LA
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 7 BLK 6 LAFAYETTE PARK 1

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012907

Geography

  • Assessors Map Reference: B22-G
  • Account Number: R0081206
  • Parcel: R0081206
  • Block: 6
  • Lot: 7
  • Meridian: SEC 35 TWN 1N RNG 69
  • Municipality: LAFAYETTE
  • Latitude: 40.0076
  • Longitude: -105.091

    Address

  • Full Address: 205 Lucerne Dr
  • Address - House Number: 205
  • Address - Street Name: Lucerne
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Lafayette
  • Carrier Code: C002
  • 4-Digit Zip Code: 1823
  • Zip Code: 80026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $275,878
  • Tax Rate Code Area: 00-110

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 636,289
  • High Value: 741,833
  • Low Value: 530,746

    Market Valuation

  • Market Total Value: $600,100
  • Market Land Value: $206,500
  • Market Improvement Value: $393,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,597
  • Assessed Land Value: $13,970
  • Assessed Improvements Value: $26,627

    Sales

  • Current Sale Contract Date: Jun 17, 2005
  • Current Sale Recording Date: Jun 20, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2697271
  • Previous Sale Recording Date: Mar 09, 2001
  • Previous Sale Contract Date: Mar 07, 2001
  • Previous Sale Amount: $234,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$650,000

Sale Price/ft²

$350

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2104 ft²

Average Home Age

31.1 years

Currently For Sale

135 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

$1,795 /mo

  • 1 Bed
  • 1 Bath
  • 748 ft²
2870 Arapahoe Rd #A3 Dawn, Lafayette, CO, 80026 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
IRES

Listed by: Christopher Sweeney,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1030543
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 205 Lucerne Drive built and last sold?
The property at 205 Lucerne Drive was built in 1980 and last sold on Jun 17, 2005 for $239,900.
How much is this home worth?
The estimated value of the home located at 205 Lucerne Drive is $662,531.
What are some comparable homes to 205 Lucerne Drive?
There are currently no comparable homes to 205 Lucerne Drive.
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