3605 Moorhead Ave
About This Property
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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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | Listed | $769,000 | |
| Listed | |||
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Nestled in Boulder's vibrant Martin Acres neighborhood, 3605 Moorhead Avenue is a charming 4-bedroom, 2-bathroom single-family home boasting 1,426 square feet of comfortable living space. Built in 1962 and thoughtfully updated over the years, this tri-level gem offers both functionality and character. With views of the Flatirons from the living room and bedrooms, natural light fills this home. Location is everything, and this property doesn't disappoint. Right out front, you'll find the Moorhead Ave & S 36th St bus stop, making commuting a breeze. For more active commuting and outdoor enthusiasts, nearby trails are just one block away, offering the perfect escape for a morning jog, weekend hike, or bike to work. Local shops, cafes, and dining options are within easy reach, ensuring you're never far from the action. Families will appreciate the home's proximity to quality schools and parks, making it an ideal setting to lay down roots. Additionally, its close vicinity to the University of Colorado presents a fantastic opportunity for rental income, catering to students, grads, and faculty alike. Whether you're envisioning a cozy family abode or a lucrative investment property, 3605 Moorhead Avenue offers the best of both worlds in a prime Boulder location.New high-efficiency furnace (April '23). Currently SmartRegs compliant, with an existing Boulder City rental license, and leased through July 31, 2025.
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| Mar 20, 2023 | Listed | $769,000 | |
| Listed | |||
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Fantastic investment opportunity in the heart of Martin Acres and minutes to CU. This home has four bedrooms (one non-conforming), two updated baths, a spacious living area and updated kitchen. Brand new high-efficiency furnace just installed (April). It also provides a one-car garage and space to park in the driveway. The home is just one block from trails leading to campus, open space and downtown Boulder. Plus, the 204 bus stops right out front. Currently SmartRegs compliant, and leased through July 31, 2023, you'll enjoy instant income. Don't miss out!
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| Jan 20, 2022 | Sold | ||
| Sold | |||
| Nov 14, 2021 | Listed | $675,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017