$590,000
●
Condo -
Off Market
3316 W 111th Loop #A
Westminster, CO 80031
3 Beds
3 Baths,
1
Half Bath
2,608 Ft²
$3,641
Est. Monthly
$487
HOA / Fees
4.20%
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.Owner is a
licensed, Colorado real estate agent.
Unit Size
2,608 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$230
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 (IRES MLS #1000890)
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 | |||
| | |||
|
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.
| |||
| 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
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Bedrooms: 3
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Separate Dining Room, Open Floorplan
Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Laundry Features: Main Level
Has Fireplace
Fireplace Features: Gas
Basement: 90%+ Finished Basement
Exterior Details
Has Property Attached
Square Footage: 2608
Square Footage Source: Assessor
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 2000
Above Grade Finished Area: 1368Square Feet
Below Grade Finished Area: 1312Square Feet
Building Area Total: 1368
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood/Frame
Roof: Other
Lot Features: Curbs, Gutters, Sidewalks
Lot Size Area: 8126
Lot Size Units: Square Feet
Lot Size Acres: 0.19
Lot Size Square Feet: 8126
Water Source: City Water, Westminster
Financial Details
Tax Annual Amount: $2,497
HOA/Condo/Coop Fee Includes: Common Amenities, Maintenance Grounds, Management
Association Name: Heritage Townhomes
HOA Fee: $400
HOA Fee Frequency: Monthly
Association Name2: Legacy Ridge Master
Condo/Coop Fee: $260
Condo/Coop Fee Frequency: Quarterly
Association Phone: 303-482-2213
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
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 |
|---|---|---|---|---|---|---|---|
|
10/28/2023
|
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
About North Central Westminster
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Listed by: Philip Hofeling, eXp Realty - Hub
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1000890
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# 1000890
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