$325,000
●
House -
Off Market
2347 Rainbow Dr #B
Denver, CO 80229
3 Beds
2 Baths,
1
Half Bath
1,612 Ft²
$327,500
RealtyHop Estimate
0.00%
Since Dec 1, 2023
CO-Denver
Primary Model
About This Property
ASK ABOUT A BUYDOWN CONCESSION!!! This beautiful, affordable,
move-in ready townhouse boasts one of the few basements in the
complex, a fully fenced backyard, partially fenced front yard and
covered parking! Fully finished basement offers a third bedroom
with en-suite bath which can instead be used as a family room, gym,
playroom or home office and homework room. With new floors, paint,
lighting, fence and all appliances included, you'll want to call
this your home sweet home in time to host for the holidays. Avoid
expensive surprises and save money on insurance and utility bills
by belonging to an HOA and sharing walls. With quick, easy access
to RTD train and bus stops, your commute to work, the airport,
concerts and games will be the envy of all your friends!
Unit Size
1,612 Ft²
Days on Market
47 days
Land Size
0.02 acres
Price per sqft
$203
Property Type
House
Property Taxes
$150
HOA Dues
$315
Year Built
-
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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: 12 months ago (REcolorado MLS #7698975)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2023 | Listed by LIV Sotheby's International Realty | $327,500 | |
| Listed by LIV Sotheby's International Realty | |||
| | |||
|
ASK ABOUT A BUYDOWN CONCESSION!!! This beautiful, affordable, move-in ready townhouse boasts one of the few basements in the complex, a fully fenced backyard, partially fenced front yard and covered parking! Fully finished basement offers a third bedroom with en-suite bath which can instead be used as a family room, gym, playroom or home office and homework room. With new floors, paint, lighting, fence and all appliances included, you'll want to call this your home sweet home in time to host for the holidays. Avoid expensive surprises and save money on insurance and utility bills by belonging to an HOA and sharing walls. With quick, easy access to RTD train and bus stops, your commute to work, the airport, concerts and games will be the envy of all your friends!
| |||
Property Highlights
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Dishwasher, Disposal
Laundry Features: Main Level
Basement: Partially Finished
Exterior Details
Has Property Attached
Square Footage: 1612
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Year Built: 1975
Building Area Total: 1152
Levels: Two
Construction Materials: Wood/Frame
Patio and Porch Features: Patio
Lot Size Area: 936
Lot Size Units: Square Feet
Lot Size Acres: 0.02
Lot Size Square Feet: 936
Water Source: City Water
Financial Details
Tax Annual Amount: $1,796
Utilities Details
Heating Type: Forced Air
Sewer : Public Sewer, City Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Structure
HOA Fee: $315
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 |
|---|---|---|---|---|---|---|---|
|
10/06/2023
|
3 Bed
|
3 Bath
|
1612 ft²
|
$327,500
3 Bed
3 Bath
1612 ft²
|
$325,000
-0.76%
11/22/2023
|
Joy Castillo
LIV Sotheby's International Realty
| |
|
08/14/2020
|
4 Bed
|
2 Bath
|
1822 ft²
|
$247,000
4 Bed
2 Bath
1822 ft²
|
$249,000
+0.81%
10/06/2020
|
Sarah Crabtree
Door 44 Realty
|
Building Info
About Welby
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Listed by: Joy Castillo, LIV Sotheby's International Realty
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 7698975
© 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: 12 months ago
Data Source: REcolorado MLS, MLS# 7698975
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