$209,680*
●
Townhouse -
Off Market
350 Arapahoe Ave #4
Boulder, CO 80302
2 Beds
2 Baths,
1
Half Bath
851 Ft²
$144,000 - $174,000
Reference Base Price*
31.13%
Since Sep 1, 2020
CO-Denver
Primary Model
About This Property
Premier location! Updated townhouse backing to open space and
peaceful serenity. Beautiful hardwood laminate throughout. Updated
kitchen. Central wall removed allowing a great open feel to the
unit. New roof installed. New central boiler system. New paint and
fixtures. Front and back decks. Plenty of storage. Home Warranty
package included in sale. Gas/electric included in hoa of
$365/month and billed back to each owner. Boulder Creek and Eben G.
Fine park just steps away. Plush greenery surrounds home. Unit has
rented for $2,400/month. Washer/Dryer included. Dogs/cats allowed.
Reserved parking. Hoa is constructing a new trash and recycle area.
Tax Deductible Land lease: $19,454 per year . Paid in full through
2020! Due to the CoronaVirus outbreak, all buyers and agents must
follow CoVid-19 rules and regulations, including wearing masks and
gloves when viewing property. Cash only sale. Do not miss out on
this gem!
The manager has listed the unit size as 851 square feet.
The manager has listed the unit size as 851 square feet.
Unit Size
851 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
Townhouse
Property Taxes
$889
HOA Dues
$30
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2020 | Sold | ||
| Sold | |||
| Aug 19, 2020 | Listed | $180,000 | |
| Listed | |||
| | |||
|
Updated 2 bedroom/2 bath townhome style condo with an incredible opportunity to live in the heart of downtown Boulder for under $200K!!! Revolving land lease that can be used as your primary home or be a great rental opportunity. Land lease for 2019 was $19,453 & is tax deductible. Seller rented for $2400/month. Close proximity to the world famous Pearl Street Mall, University of Colorado, Eben G Fine Park, hiking, & great schools. This unit backs up to it's own natural terrace and is very serene.
| |||
| Aug 4, 2020 | No longer available | - | |
| No longer available | |||
| Jul 6, 2020 | Listed | $159,900 | |
| Listed | |||
| Oct 1, 2007 | Sold | ||
| Sold | |||
Show More
Property Highlights
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 |
|---|---|---|---|---|---|---|---|
|
05/08/2026
|
2 Bed
|
1 Bath
|
851 ft²
|
$195,000
2 Bed
1 Bath
851 ft²
|
-
-
|
Peter Klein
RealStars
| |
|
03/22/2025
|
2 Bed
|
1 Bath
|
851 ft²
|
$225,000
2 Bed
1 Bath
851 ft²
|
-
-
|
Shawn Breslin
LIV Sotheby's International Realty
| |
|
02/21/2025
|
2 Bed
|
1 Bath
|
851 ft²
|
$120,000
2 Bed
1 Bath
851 ft²
|
-
-
|
Paul Anselmo
Intero Real Estate Services
| |
|
12/23/2024
|
2 Bed
|
-
|
851 ft²
|
$205,000
2 Bed
-
851 ft²
|
$190,000
-7.32%
05/16/2025
|
Terri Gray
Milehimodern
| |
|
08/08/2024
|
2 Bed
|
1 Bath
|
851 ft²
|
$239,000
2 Bed
1 Bath
851 ft²
|
-
-
|
Cindy Munoz
Redfin Corporation
| |
|
12/14/2023
|
1 Bed
|
1 Bath
|
320 ft²
|
$174,999
1 Bed
1 Bath
320 ft²
|
$165,000
-5.71%
02/26/2024
|
Patricia Nixon
HOMESMART
| |
|
10/11/2023
|
2 Bed
|
1 Bath
|
851 ft²
|
$230,000
2 Bed
1 Bath
851 ft²
|
$225,000
-2.17%
11/22/2023
|
Adam Micheli
LIV Sotheby's International Realty
| |
|
05/25/2023
|
Studio
|
1 Bath
|
320 ft²
|
$80,000
Studio
1 Bath
320 ft²
|
$85,000
+6.25%
08/01/2023
|
Lisa Danjean
Roberts and Sons
| |
|
10/07/2022
|
2 Bed
|
1 Bath
|
851 ft²
|
$172,000
2 Bed
1 Bath
851 ft²
|
$175,000
+1.74%
02/28/2023
|
Katie Atkins
RE/MAX of Boulder, Inc
| |
|
09/21/2022
|
2 Bed
|
2 Bath
|
851 ft²
|
$205,000
2 Bed
2 Bath
851 ft²
|
$205,000
11/08/2022
|
Eric Breslin
LIV Sotheby's International Realty
| |
|
09/21/2022
|
1 Bed
|
1 Bath
|
748 ft²
|
$375,000
1 Bed
1 Bath
748 ft²
|
$375,000
06/14/2023
|
Eric Breslin
LIV Sotheby's International Realty
| |
|
09/13/2022
| |
2 Bed
|
2 Bath
|
851 ft²
|
$200,000
2 Bed
2 Bath
851 ft²
|
$200,000
10/27/2022
|
Terri Gray
Milehimodern
|
|
08/09/2022
|
2 Bed
|
2 Bath
|
851 ft²
|
$200,000
2 Bed
2 Bath
851 ft²
|
$200,000
08/09/2022
|
Shelley Neustrom
Compass - Denver
| |
|
06/16/2021
|
2 Bed
|
1 Bath
|
851 ft²
|
$190,000
2 Bed
1 Bath
851 ft²
|
$190,000
07/23/2021
|
Adam Micheli
LIV Sotheby's International Realty
| |
|
03/18/2021
|
2 Bed
|
1 Bath
|
851 ft²
|
$195,000
2 Bed
1 Bath
851 ft²
|
$180,000
-7.69%
06/18/2021
|
Amanda Lovato
Lovato Properties
| |
|
01/06/2021
|
2 Bed
|
1 Bath
|
851 ft²
|
$205,000
2 Bed
1 Bath
851 ft²
|
$200,000
-2.44%
01/29/2021
|
Denise Patryas
Denise Patryas
| |
|
07/06/2020
|
2 Bed
|
2 Bath
|
851 ft²
|
$159,900
2 Bed
2 Bath
851 ft²
|
$170,000
+6.32%
11/23/2020
|
Jay Hlavachek
| |
|
03/19/2020
|
2 Bed
|
1 Bath
|
851 ft²
|
$150,000
2 Bed
1 Bath
851 ft²
|
$146,500
-2.33%
12/10/2020
|
TR Swanwick
The Agency - Boulder
| |
|
07/08/2019
|
2 Bed
|
2 Bath
|
851 ft²
|
$137,000
2 Bed
2 Bath
851 ft²
|
-
-
|
-
| |
|
06/01/2016
|
2 Bed
|
1 Bath
|
851 ft²
|
$135,000
2 Bed
1 Bath
851 ft²
|
$135,000
08/02/2016
|
Jay Hlavachek
Real Broker, LLC DBA Real
| |
|
06/10/2015
|
3 Bed
|
2 Bath
|
851 ft²
|
$130,000
3 Bed
2 Bath
851 ft²
|
$135,000
+3.85%
07/07/2015
|
Janet Borchert
WK Real Estate
|
Building Info
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