$1,400,000
●
House -
Off Market
245 Devon Pl
Boulder, CO 80302
4 Beds
1 Bath
2,512 Ft²
$8,479
Est. Monthly
1.87%
Cap Rate
About This Property
Sprawling mid-century ranch located on a quiet cul-de-sac in the
highly desirable lower Chautauqua neighborhood. Features three main
level bedrooms including the primary suite w/ private bath,
hardwood floors, a sunny kitchen plus vaulted ceilings in the
living room and dining room which opens onto a beautiful back yard
with Flatirons views, stylish brick privacy wall & no back
neighbors. Just off the kitchen there is a convenient
laundry/mudroom and access to an oversized 2 car garage. A finished
lower level with separate entrance for possible ADU completes the
package making this an incredible opportunity. Close to all that
Boulder has to offer including CU, Downtown, Chautauqua, open space
trails, NOAA, NIST and walking distance to the express bus to
Denver & DIA.
Unit Size
2,512 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$627
Property Type
House
Property Taxes
$745
HOA Dues
-
Year Built
1956
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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: 2 years ago (IRES MLS #1008070)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Relisted | $1,575,000 | |
| Relisted | |||
| May 9, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by RE/MAX of Boulder, Inc | $1,575,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| | |||
|
Sprawling mid-century ranch located on a quiet cul-de-sac in the highly desirable lower Chautauqua neighborhood. Features three main level bedrooms including the primary suite w/ private bath, hardwood floors, a sunny kitchen plus vaulted ceilings in the living room and dining room which opens onto a beautiful back yard with Flatirons views, stylish brick privacy wall & no back neighbors. Just off the kitchen there is a convenient laundry/mudroom and access to an oversized 2 car garage. A finished lower level with separate entrance for possible ADU completes the package making this an incredible opportunity. Close to all that Boulder has to offer including CU, Downtown, Chautauqua, open space trails, NOAA, NIST and walking distance to the express bus to Denver & DIA.
| |||
| Nov 23, 2005 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
Price/ft²
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HOA + Taxes
About Central Boulder
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Listed by: Rich Gribbon,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1008070
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.
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1008070
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