$544,500
●
Condo -
Off Market
3196 Redstone Rd #16
Boulder, CO 80305
2 Beds
1 Bath
928 Ft²
$693,678
RealtyHop Estimate
28.58%
Since Nov 1, 2020
CO-Denver
Primary Model
About This Property
South Boulder Lifestyle. Flatiron views. Private balcony. Private
fenced yard. Contemporary updates: quartz countertops, smooth
finish walls, laminate flooring, double pane windows, stainless
appliances, Ikea kitchen, modern lighting & more. Wood stove in
living room w/ wood ceiling & beams. Detached 1-car garage. Walk to
the Shanahan Ridge Trail to trail run, hike or dog walk. Bike to
Table Mesa Shopping Center. Nearby bus stop. Live The Dream. Hurry!
Unit Size
928 Ft²
Days on Market
-
Land Size
-
Price per sqft
$581
Property Type
Condo
Property Taxes
$241
HOA Dues
$369
Year Built
-
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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 (IRES MLS #923287)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by RE/MAX of Boulder, Inc | $539,500 | |
| Listed by RE/MAX of Boulder, Inc | |||
| Oct 16, 2017 | Sold | ||
| Sold | |||
| Feb 24, 2015 | Sold | ||
| Sold | |||
| Jan 24, 2015 | Listed by Patriot Realty | $329,900 | |
| Listed by Patriot Realty | |||
| | |||
|
Property sold outside of MLS. Property entered for purpose of market comparison.
| |||
Property Highlights
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Window Features: Window Coverings, Double Pane Windows
Basement: None
Exterior Details
Has Property Attached
Square Footage: 928
Square Footage Source: Assessor
Security Features: Smoke Detector(s)
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1982
Above Grade Finished Area: 928Square Feet
Building Area Total: 928
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood/Frame
Patio and Porch Features: Patio
Roof: Composition
Lot Size Units: Square Feet
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $2,897
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Grounds, Management, Maintenance Structure, Water/Sewer, Hazard Insurance
Association Name: Shanahan Trail Condo Assn
HOA Fee: $369
HOA Fee Frequency: Monthly
Utilities Details
Cooling Type: Room Air Conditioner, Ceiling Fan(s)
Heating Type: Forced Air, Wood Stove
Utilities for Property: Natural Gas Available, Electricity Available, Cable Available
Sewer : City Sewer
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 |
|---|---|---|---|---|---|---|---|
|
09/04/2020
|
2 Bed
|
1 Bath
|
928 ft²
|
$539,500
2 Bed
1 Bath
928 ft²
|
$544,500
+0.93%
10/12/2020
|
Rex Manz
RE/MAX of Boulder, Inc
| |
|
01/24/2015
|
2 Bed
|
1 Bath
|
928 ft²
|
$329,900
2 Bed
1 Bath
928 ft²
|
$329,900
02/24/2015
|
Ellen L Allen
Patriot Realty
|
Building Info
About South Boulder
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Listed by: Rex Manz, RE/MAX of Boulder, Inc
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 923287
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: 3 years ago
Data Source: IRES MLS, MLS# 923287
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