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Boulder 80305 Martin Acres
3625 Moorhead Avenue
$610,000
● House - Off Market

3625 Moorhead Avenue

Boulder, CO 80305
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,408 Ft²
$712,147
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

Professionally managed investment property in high demand Martin Acres at a great value! Preleases early every year.  Cash flow from day one. Huge lot! Large living room accented by a brick fireplace and an abundance of natural light. Currently leased until August 2022 with great rents. (Current income is $3975 monthly; this amount is inclusive of base rent, utilities, etc...) Property is sold as is and priced accordingly.
Unit Size
2,408 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$270
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (REcolorado MLS #RECIR938701)

Price History

Date / Event Date Event Price
Jun 16, 2021 Sold
Premium
Sold
Apr 26, 2021 Listed by Four Star Rlty & Prop Mgmt $650,000
Listed by Four Star Rlty & Prop Mgmt
Jun 1, 2000 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,204
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,286
  • Total Building Area: 2,870
  • Gross Building Area: 2,870
  • Building Area: 2,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM MARTIN HOMESTEAD - BO
  • Land Acres: 0000000305
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOTS 21 & 22 & 23 W OF BEAR CANYON CREEK BLK 1 WILLIAM MARTIN HOMESTEAD

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012507

Geography

  • Assessors Map Reference: B18-L
  • Account Number: R0014536
  • Parcel: R0014536
  • Block: 1
  • Lot: 21
  • Meridian: SEC 05 TWN 1S RNG 70
  • Municipality: BOULDER
  • Latitude: 39.9941
  • Longitude: -105.249

    Address

  • Full Address: 3625 Moorhead Ave
  • Address - House Number: 3625
  • Address - Street Name: Moorhead
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Boulder
  • Carrier Code: C005
  • 4-Digit Zip Code: 5535
  • Zip Code: 80305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $453,024
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 941,240
  • High Value: 1,101,738
  • Low Value: 780,743

    Market Valuation

  • Market Total Value: $915,900
  • Market Land Value: $713,600
  • Market Improvement Value: $202,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,961
  • Assessed Land Value: $48,275
  • Assessed Improvements Value: $13,686

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3893169
  • Previous Sale Recording Date: Jun 01, 2000
  • Previous Sale Contract Date: May 24, 2000
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Boulder

Stats & Trends

Median Asking:

$975,000

Sale Price/ft²

$597

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2005 ft²

Average Home Age

50.2 years

Currently For Sale

66 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 3625 Moorhead Avenue built and last sold?
The property at 3625 Moorhead Avenue was built in 1962 and last sold on Jun 16, 2021 for $610,000.
How much is this home worth?
The estimated value of the home located at 3625 Moorhead Avenue is $0.
What are some comparable homes to 3625 Moorhead Avenue?
There are currently no comparable homes to 3625 Moorhead Avenue.
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