3240 Iris Ave #407
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | No longer available | - | |
| No longer available | |||
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | Listed by Revolutionary Realty, LLC | $265,000 | |
| Listed by Revolutionary Realty, LLC | |||
| | |||
|
Here is your opportunity to buy a top floor condo with terrific views & balcony to enjoy them at in Boulder for an entry level price! At the time of listing this is the least expensive open-market property in all of Boulder and the only one less than 300k! The open floor plan allows a modern style of living and the large rooms give you room to stretch. 1 secure underground parking space is accompanied with a storage locker. Secure entry with the condo accessed via the elevator or exterior stairway. A remote button in the condo provides access to visitors. Tons of storage space between the 2 bedroom closets (1 is a huge walk-in closet) and the entry coat closet. Jack and Jill bath provides an entry from the hallway as well as the bedroom. Wood burning fireplace and window a/c add warmth in the winter and cool freshness in the summer. The electrical panel as well as the aluminum wiring have been updated per the HOA wide requirement. Laundry is on-site on with 2 washers and 2 dryers on each floor of the building. HOA includes a clubhouse with salt water pool, sauna, meeting/entertaining area, basketball & tennis court, and BBQ area all on 7 manicured acres of heaven on earth. Immediate move-in availability. HOA bills heat separately and cats are allowed.
| |||
| Jul 3, 2024 | Listed | $280,000 | |
| Listed | |||
| | |||
|
Here is your opportunity to buy a penthouse condo with terrific views & balcony to enjoy them at in Boulder for an entry level price! At the time of listing this is the least expensive open-market property in all of Boulder and the only one less than 300k! The open floor plan allows a modern style of living and the large rooms give you room to stretch. 1 secure underground parking space is accompanied with a storage locker. Secure entry with the condo accessed via the elevator or exterior stairway. A remote button in the condo provides access to visitors. Tons of storage space between the 2 bedroom closets and the entry coat closet. Jack and Jill bath provides an entry from the hallway as well as the bedroom. Wood burning fireplace and window a/c add warmth in the winter and cool freshness in the summer. The electrical panel as well as the aluminum wiring have been updated per the HOA wide requirement. Laundry is on-site on with 2 washers and 2 dryers on each floor of the building. HOA includes a clubhouse with salt water pool, sauna, meeting/entertaining area, basketball & tennis court, and BBQ area all on 7 manicured acres of heaven on earth. Immediate move-in availability. HOA bills heat separately and cats are allowed.
| |||
| May 8, 2015 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017