45
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2309 Purdue Rd
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%.
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 |
|---|---|---|---|
| Aug 25, 2026 | Listed | $715,000 | |
| Listed | |||
| Aug 11, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 13, 2026 | Price Decreased |
$735,000
↓ $15K
(2%) | |
| Price Decreased | |||
| May 15, 2026 | Listed | $750,000 | |
| Listed | |||
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Over a 1/4 acre in Midtown! This beautifully remodeled mid-century brick home in South College Heights blends timeless character with modern updates in one of Fort Collins' most convenient locations. Set on more than a quarter acre, this rare 5-bedroom plus office layout offers exceptional flexibility with room to spread out, work from home, host guests, or create additional hobby and recreation spaces. Inside, two spacious main-floor living areas offer double the comfort, including one anchored by a cozy gas fireplace with built-in cabinetry. The fully updated kitchen features new cabinets, new counters, stainless steel appliances, abundant prep space, and excellent storage. Three bedrooms are located on the main level, including the primary suite with its own bath. Downstairs, the finished basement opens into a large entertainment area centered around a second gas fireplace, plus two additional bedrooms, office/flex space, and a shared full bath. Completely remodeled head to toe with refinished wood floors, new carpet, remodeled bathrooms, and new electrical panel. Outside, enjoy the huge fenced backyard with an extended concrete patio, mature trees, garden beds, flagstone pathways, raised redwood front deck, durable stone-coated steel roof, and full brick exterior. There is also an oversized one-car garage and massive driveway with ample parking. Just steps from Spring Creek Park and O'Dea Elementary and minutes from CSU and Old Town, this home offers the perfect blend of character, space, updates, and location.
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| Mar 13, 2026 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017