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Aurora 80010 Northeast Denver
2340 Iola Street
$525,000
● House - Off Market

2340 Iola Street

Aurora, CO 80010
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,088 Ft²
$469,262
RealtyHop Estimate
-5.20%
Since Jul 1, 2022
CO-Denver
Primary Model

About This Property

Don't miss this opportunity!  Located only blocks from the Stanley Marketplace and shops in Central Park, this thoughtfully cared for brick ranch is move-in ready and offers 3 beds and 2 full baths and over 2,000 sqft of finished living space.  The main floor has lovely hardwood floors, and an updated kitchen.  However, the true value of this home rests with the features you might not notice.  For instance, AC, brand new windows, a new fence, an oversized 2-car garage, a radon mitigation system, egress window, front and backyard sprinklers, a covered patio, firepit, etc.  Showings start on Friday afternoon and will go through Sunday evening.  Schedule your showing now!!!
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$237
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1960

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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: 3 years ago (REcolorado MLS #REC8862457)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
May 27, 2022 Listed by RE/MAX of Cherry Creek $495,000
Listed by RE/MAX of Cherry Creek
Jan 30, 2020 Sold
Premium
Sold
May 13, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,044
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,350
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,088
  • Gross Building Area: 2,273
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOSTON HEIGHTS
  • Land Acres: 0000000146
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:BOSTON HEIGHTS 2ND RESUBD BLKS 130 131 BLK:131 LOT:7

Neighborhood

  • School District Name: Adams-Arapahoe School District 28J
  • School Tax School District: SD 28-AURORA
  • Census Tract: 008000

Geography

  • Assessors Map Reference: 287-B
  • Account Number: R0096200
  • Parcel: R0096200
  • Block: 131
  • Lot: 7
  • Meridian: SEC 35 QTR 2 TWN 03S RNG 67W
  • Latitude: 39.7519
  • Longitude: -104.864

    Address

  • Full Address: 2340 Iola St
  • Address - House Number: 2340
  • Address - Street Name: Iola
  • Address - Suffix Type: St
  • State: CO
  • City Name: Aurora
  • Carrier Code: C051
  • 4-Digit Zip Code: 1233
  • Zip Code: 80010

Valuation

    Tax

  • Total Area: 2,088
  • Tax Year: 2022
  • Tax Amount: $270,210
  • Tax Rate Code Area: 36-360

    Appraisal Valuation

  • Standard Deviation: 0.112
  • Valuation Date: May 17, 2023
  • Confidence Score: 88
  • Final Value: 530,784
  • High Value: 590,268
  • Low Value: 471,300

    Market Valuation

  • Market Total Value: $490,000
  • Market Land Value: $77,000
  • Market Improvement Value: $413,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,150
  • Assessed Land Value: $5,210
  • Assessed Improvements Value: $27,940

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 57826
  • Previous Sale Recording Date: Jan 30, 2020
  • Previous Sale Contract Date: Jan 30, 2020
  • Previous Sale Amount: $332,000
  • Previous Sale Document Type: 68
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 Northeast Denver

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$337

Below Asking

0.03%

Average Days on Market

53

Average Home Size

1745 ft²

Average Home Age

52.7 years

Currently For Sale

1149 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 11700 E 26th Ave, Denver, CO, 80238

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,360 ft²
11700 E 26th Ave #Tamarac, Denver, CO, 80238 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 2340 Iola Street built and last sold?
The property at 2340 Iola Street was built in 1960 and last sold on Jun 29, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 2340 Iola Street is $512,349.
What are some comparable homes to 2340 Iola Street?
There are currently no comparable homes to 2340 Iola Street.
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