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Boulder 80304 Newlands
2621 3rd Street
$8,700,000
● House - Off Market

2621 3rd Street

Boulder, CO 80304
bedrooms
5 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
6,016 Ft²
$45,677
Est. Monthly
$125
HOA / Fees
0.12%
Cap Rate

About This Property

Welcome to a home that radiates warmth, charm, and a truly inviting aesthetic. Designed by the renowned Surround Architects, this UrbanAlpine abode seamlessly blends contemporary amenities with a unique character that sets it apart.
Unit Size
6,016 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$1,459
Property Type
House
Property Taxes
$2,465
HOA Dues
$125
Year Built
2015

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Cap Rate Calculator

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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: 3 years ago (REcolorado MLS #RECIR988324)

Price History

Date / Event Date Event Price
Feb 5, 2024 Sold
Premium
Sold
May 20, 2023 Listed by Compass - Boulder $8,775,000
Listed by Compass - Boulder
Jul 9, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
With View
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,281
  • Garage Type: 1
  • Garage Square Area: 621
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,014
  • Total Building Area: 6,775
  • Gross Building Area: 6,775
  • Building Area: 5,871
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,871
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRAILHEAD SUBDIVISION
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 19 TRAILHEAD SUBDIVISION

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012101

Geography

  • Account Number: R0602671
  • Parcel: R0602671
  • Lot: 19
  • Meridian: SEC 25 TWN 1N RNG 71
  • Municipality: BOULDER
  • Latitude: 40.0238
  • Longitude: -105.293

    Address

  • Full Address: 2621 3rd St
  • Address - House Number: 2621
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: CO
  • City Name: Boulder
  • Carrier Code: C004
  • 4-Digit Zip Code: 3200
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,957,960
  • Tax Rate Code Area: 00-010

    Market Valuation

  • Market Total Value: $6,111,100
  • Market Land Value: $2,191,400
  • Market Improvement Value: $3,919,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,416
  • Assessed Land Value: $148,248
  • Assessed Improvements Value: $265,168

    Sales

  • Current Sale Contract Date: Feb 01, 2024
  • Current Sale Recording Date: Feb 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4035830
  • Previous Sale Recording Date: Jul 09, 2014
  • Previous Sale Contract Date: Jul 07, 2014
  • Previous Sale Amount: $1,130,000
  • 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 Central Boulder

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$719

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2046 ft²

Average Home Age

51.8 years

Currently For Sale

288 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

Rentals Near You

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Frequently Asked Questions

When was property at 2621 3rd Street built and last sold?
The property at 2621 3rd Street was built in 2015 and last sold on Feb 1, 2024 for $8,700,000.
How much is this home worth?
The estimated value of the home located at 2621 3rd Street is $0.
What are some comparable homes to 2621 3rd Street?
There are currently no comparable homes to 2621 3rd Street.
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