$590,000
●
Condo -
Off Market
3316 W 111th Loop #A
Westminster, CO 80031
3 Beds
3 Baths,
1
Half Bath
2,246 Ft²
$3,641
Est. Monthly
$487
HOA / Fees
3.71%
Cap Rate
About This Property
Nestled in Heritage Greens at Legacy Ridge, this gem beckons with
an open floor plan, vaulted ceilings, and a main floor master
sanctuary boasting a 5-piece bath and walk-in closet. A fully
finished basement with two bedrooms and a bath, and a spacious
laundry room leading to the oversized garage offer ample space.
Enjoy private deck moments, clubhouse amenities, and proximity to
Legacy Ridge Golf Course and neighborhood trails. An ideal blend of
comfort and community awaits in this inviting home.
Unit Size
2,246 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$267
Property Type
Condo
Property Taxes
$208
HOA Dues
$487
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 (REcolorado MLS #REC1823365)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Dec 28, 2023 | Listed by eXp Realty, LLC | $600,000 | |
| Listed by eXp Realty, LLC | |||
| Nov 13, 2023 | Sold | ||
| Sold | |||
| Oct 28, 2023 | Listed | $475,000 | |
| Listed | |||
| | |||
|
Investor opportunity in Legacy Ridge Townhome community. Good news: New stucco repair and new exterior paint on all units in October 2023. Great bones and great exterior! Bad news: Interior condition is dire and is need of a great deal of work/repair (not just cleaning). This a Trust property and is being sold in "As Is" condition. This is not a move in ready or quick move in property. There will be no interior photos posted per request of the Seller. The home is priced to appeal to investors/buyers who can close quickly and are willing to take on a project.
| |||
| Jan 14, 2000 | Listed | $257,000 | |
| Listed | |||
| | |||
Property Highlights
Air Conditioning
Garage
Parking Details
Total Number of Parking: 2
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Basement: Finished
Exterior Details
Property Type: Residential
Property Sub Type: Condominium
Property Condition: Updated/Remodeled
Year Built: 2000
Levels: One
Structure Type: Townhouse
Building Area Total: 2680
Construction Methods: Frame
Roof: Composition
Lot Size Acres: 0.19
Lot Size Square Feet: 8129
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $2,497
Utilities Details
Cooling: Central Air
Heating: Forced Air
Sewer : Public Sewer
Location Details
County or Parish: Adams
Other Details
Association Fee: $400
Association Fee Freq: Monthly
Association Fee2: $260
Association Fee2 Freq: Quarterly
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 |
|---|---|---|---|---|---|---|---|
|
10/28/2023
|
3 Bed
|
1 Bath
|
2246 ft²
|
$475,000
3 Bed
1 Bath
2246 ft²
|
$475,000
11/13/2023
|
Lisa Gabriel
eXp Realty, LLC
| |
|
04/27/2022
|
3 Bed
|
3 Bath
|
2246 ft²
|
$605,000
3 Bed
3 Bath
2246 ft²
|
$625,000
+3.31%
05/18/2022
|
Jeffrey Pater
Brokers Guild Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017