Substantial price improvement. Don't miss this one! This is a
beautifully upgraded home in one of Boulder's most unique and
connected neighborhoods. Located in Washington Village-a
thoughtfully designed community developed out of the historic
Washington School site-this stand-alone residence offers high-end
finishes, lock-and-leave convenience, and a lifestyle rooted in
design, walkability, and community. The builder transformed the
original schoolhouse into eight condos, added the Broadway
building, and created a blend of townhomes and single-family homes
around shared green space. Inside, the main level features vaulted
ceilings, a dual-sided fireplace, and a remodeled kitchen with
granite countertops and stainless appliances. Hardwood floors have
been refinished, and the interior was freshly painted with new
carpet throughout. The main-level primary suite offers easy
single-floor living, while a second en-suite bedroom upstairs
provides privacy for guests or family. The fully finished lower
level includes two bedrooms, including a newly added fourth
bedroom, a full suite, wet bar, and large living area-perfect for
guests or extended living. Energy-efficient geothermal heating and
cooling keep utility bills low, and the HOA covers nearly
everything-landscaping, snow removal, exterior maintenance and
insurance, water, and garbage-so you can enjoy true low-maintenance
living. Shared amenities include a guest suite, art room,
woodworking shop, library, theater, shared open space, and
meditation space. Exterior updates and improvements have already
been completed, so all the work is done. With a high Walk and Bike
Score, you're minutes from Ideal Market, Pearl Street, CU, and
Boulder's best trailheads. This is the best of Boulder
living-quiet, convenient, and connected.
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.
Interior Features: Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar, Kitchen Island, Cathedral/Vaulted Ceilings, Stain/Natural Trim, Two Primary Suites
Appliances: Self Cleaning Oven, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Microwave, Disposal, Gas Range/Oven
Flooring Type: Wood Floors
Laundry Features: Sink, Washer Hookup
Has Fireplace
Fireplace Features: Gas, Living Room
Basement: Full, Partially Finished
Exterior Details
Square Footage: 4020
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Cottage/Bung
Year Built: 2013
Building Area Total: 2356
Levels: Two
Window Features: Window Coverings, Triple Pane Windows
Construction Materials: Composition Siding, Painted/Stained
Patio and Porch Features: Patio, Deck
Lot Features: Zero Lot Line, Level, Gutters, Sidewalks, Lawn Sprinkler System, Abuts Park, Historic District, Within City Limits
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