$375,000
●
Condo -
Off Market
3240 Iris Ave #202
Boulder, CO 80301
3 Beds
2 Baths
1,242 Ft²
$555,361
RealtyHop Estimate
44.25%
Since Dec 1, 2018
CO-Denver
Primary Model
About This Property
Great New Price! Large 3 bedroom, 2 bathroom, SE end unit with a
carport. Secure building with elevator access. Great natural light
& south facing balcony with view. Updated/newer wood floors,
kitchen appliances, tiled shower & walk-in closet in the
master bedroom. Open floor plan, living room fireplace &
washer/dryer in the unit. Complex has saltwater indoor pool,
exercise room, club house, and tennis courts. Convenient location!
Excellent Investment/first Home! Ready for you to move-in!
Unit Size
1,242 Ft²
Days on Market
-
Land Size
-
Price per sqft
$310
Property Type
Condo
Property Taxes
$152
HOA Dues
$360
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Income Per Year
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Operating Profit Per Year
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 #854721)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by Modern Prestige Real Estate | $550,000 | |
| Listed by Modern Prestige Real Estate | |||
| | |||
|
Renovated 3BR 2BA condo offers the perfect blend of comfort, convenience & style. Open Floor Plan, Private WA/DR, Balcony, Cozy Wood FP, Carport for hassle-free parking & Private Storage. The building offers the convenience of an Elevator and is located near Bike Paths. Enjoy abundance of amenities (Indoor Pool, Clubhouse, Tennis Courts). Near Safeway, 24 HR Fitness, Core Power Yoga, Restaurants, Coffee Shops, Bus Stop & Parks. Service & Emotional Support Dogs only. Complex is VA & FHA approved.
| |||
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Sep 6, 2019 | Listed by RE/MAX of Boulder, Inc | $382,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| | |||
|
Excellent investment opportunity in North Boulder. Large end-unit condo with 3 bedrooms and 2 bathrooms, spacious living room and kitchen area, and south-facing deck. Great location, with easy access to everything in Boulder. Hardwood floors and large kitchen island. Amenities include tennis, salt water pool, exercise room, and large community room. Easy to rent with over 5% Cap Rate (see attached worksheet.)
| |||
| Nov 15, 2018 | Sold | ||
| Sold | |||
Show More
Property Highlights
Elevator
Garage
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Bedrooms: 3
Full Bathrooms: 1
Interior Features: Open Floorplan, Walk-In Closet(s)
Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Window Features: Window Coverings
Laundry Features: Washer/Dryer Hookups, Main Level, Common Area
Has Fireplace
Fireplace Features: Great Room
Basement: None
Exterior Details
Has Property Attached
Square Footage: 1242
Square Footage Source: Assessor
Security Features: Building Security
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1971
Above Grade Finished Area: 1242Square Feet
Building Area Total: 1242
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood/Frame
Roof: Rubber
Lot Size Units: Square Feet
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $1,821
HOA/Condo/Coop Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Utilities, Maintenance Structure, Water/Sewer, Hazard Insurance
Association Name: Remington Post
HOA Fee: $360
HOA Fee Frequency: Monthly
Association Phone: 303-449-4220
Utilities Details
Heating Type: Hot Water, Baseboard
Utilities for Property: Natural Gas Available, Electricity 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 |
|---|---|---|---|---|---|---|---|
|
10/24/2025
|
1 Bed
|
1 Bath
|
576 ft²
|
$305,000
1 Bed
1 Bath
576 ft²
|
-
-
|
Mary Siefert
Live West Realty
| |
|
06/25/2025
|
2 Bed
|
1 Bath
|
988 ft²
|
$399,900
2 Bed
1 Bath
988 ft²
|
-
-
|
Lucy Conklin
Compass - Boulder
| |
|
05/29/2025
|
2 Bed
|
1 Bath
|
966 ft²
|
$435,000
2 Bed
1 Bath
966 ft²
|
$407,500
-6.32%
11/07/2025
|
TRELORA Team
TRELORA Realty
| |
|
10/25/2024
|
2 Bed
|
1 Bath
|
988 ft²
|
$399,900
2 Bed
1 Bath
988 ft²
|
-
-
|
Christy Hepp
eXp Realty, LLC
| |
|
07/03/2024
|
1 Bed
|
1 Bath
|
576 ft²
|
$280,000
1 Bed
1 Bath
576 ft²
|
-
-
|
Judd Kaiman
Revolutionary Realty, LLC
| |
|
11/10/2023
|
1 Bed
|
1 Bath
|
576 ft²
|
$299,900
1 Bed
1 Bath
576 ft²
|
$290,000
-3.30%
01/25/2024
|
Donna Voss
RE/MAX of Boulder, Inc
| |
|
10/07/2023
|
2 Bed
|
2 Bath
|
975 ft²
|
$424,000
2 Bed
2 Bath
975 ft²
|
$429,000
+1.18%
02/06/2024
|
Jon Sisenwein
Compass - Boulder
| |
|
06/01/2023
|
3 Bed
|
2 Bath
|
1242 ft²
|
$550,000
3 Bed
2 Bath
1242 ft²
|
$520,000
-5.45%
07/31/2023
|
Sarka Kubicova
Modern Prestige Real Estate
| |
|
05/04/2023
|
2 Bed
|
2 Bath
|
975 ft²
|
$420,000
2 Bed
2 Bath
975 ft²
|
$405,000
-3.57%
05/30/2023
|
Svein Groem
Open Real Estate Inc.
| |
|
01/12/2022
|
1 Bed
|
1 Bath
|
624 ft²
|
$299,900
1 Bed
1 Bath
624 ft²
|
$299,900
02/25/2022
|
Robert Jones
Offerpad Brokerage, LLC
| |
|
01/12/2022
|
1 Bed
|
1 Bath
|
624 ft²
|
$299,900
1 Bed
1 Bath
624 ft²
|
$299,900
02/25/2022
|
Robert Jones
Offerpad Brokerage, LLC
| |
|
06/23/2021
|
2 Bed
|
2 Bath
|
988 ft²
|
$374,900
2 Bed
2 Bath
988 ft²
|
$375,000
+0.03%
08/03/2021
|
Sherrie Marquet Figueroa
Porchlight RE Group-Boulder
| |
|
09/06/2019
|
3 Bed
|
2 Bath
|
1242 ft²
|
$382,000
3 Bed
2 Bath
1242 ft²
|
$375,000
-1.83%
09/27/2019
|
Chip Bruss
RE/MAX of Boulder, Inc
| |
|
06/27/2018
|
3 Bed
|
2 Bath
|
1242 ft²
|
$385,000
3 Bed
2 Bath
1242 ft²
|
$375,000
-2.60%
11/15/2018
|
Jung Lindas
Madison & Company Properties - Boulder
| |
|
06/01/2018
|
1 Bed
|
1 Bath
|
576 ft²
|
$280,000
1 Bed
1 Bath
576 ft²
|
$276,000
-1.43%
06/29/2018
|
Kevin Byrne
Compass Colorado, LLC - Boulder
| |
|
04/27/2018
|
2 Bed
|
2 Bath
|
975 ft²
|
$310,000
2 Bed
2 Bath
975 ft²
|
$316,000
+1.94%
05/17/2018
|
Keith McQuillen
WK Real Estate
| |
|
05/24/2017
|
2 Bed
|
2 Bath
|
966 ft²
|
$299,900
2 Bed
2 Bath
966 ft²
|
$299,900
06/05/2017
|
Jill Bryant
RE/MAX Alliance
| |
|
06/15/2016
|
2 Bed
|
2 Bath
|
975 ft²
|
$334,900
2 Bed
2 Bath
975 ft²
|
$335,000
+0.03%
10/11/2016
|
Gary Hillman
Coldwell Banker Realty-Boulder
| |
|
09/25/2015
|
2 Bed
|
2 Bath
|
966 ft²
|
$250,000
2 Bed
2 Bath
966 ft²
|
$260,320
+4.13%
10/13/2015
|
Kelly Moye
Compass - Denver
| |
|
07/10/2015
|
2 Bed
|
2 Bath
|
966 ft²
|
$250,000
2 Bed
2 Bath
966 ft²
|
$240,000
-4.00%
08/27/2015
|
Carole Kaye
Bold Realty
| |
|
04/09/2015
|
1 Bed
|
1 Bath
|
576 ft²
|
$164,900
1 Bed
1 Bath
576 ft²
|
$180,500
+9.46%
05/08/2015
|
Kenneth Roth
BOLDER RE-Ken Roth & Assoc LLC
| |
|
02/28/2014
|
2 Bed
|
2 Bath
|
988 ft²
|
$179,900
2 Bed
2 Bath
988 ft²
|
$181,100
+0.67%
03/14/2014
|
Gene Hayden
RE/MAX of Boulder, Inc
| |
|
10/24/2013
|
1 Bed
|
1 Bath
|
624 ft²
|
$127,000
1 Bed
1 Bath
624 ft²
|
$119,000
-6.30%
12/05/2013
|
Michael Baucom
Structure Group
| |
|
10/01/2013
|
1 Bed
|
1 Bath
|
624 ft²
|
$129,500
1 Bed
1 Bath
624 ft²
|
$122,000
-5.79%
12/18/2013
|
Debra Vescio
HomeSmart
| |
|
08/16/2013
|
2 Bed
|
2 Bath
|
975 ft²
|
$159,900
2 Bed
2 Bath
975 ft²
|
$153,600
-3.94%
09/25/2013
|
Daryl Smith
RE/MAX of Boulder
| |
|
01/29/2013
|
2 Bed
|
2 Bath
|
988 ft²
|
$164,000
2 Bed
2 Bath
988 ft²
|
$153,000
-6.71%
02/27/2013
|
Kathy Keating
Worth Clark Realty
|
Building Info
About North Boulder
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Listed by: Jung Lindas, Slifer Smith & Frampton-Bldr
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 854721
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# 854721
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