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Boulder 80301 Palo Park
3762 Monterey Place
$714,500
● House - Off Market

3762 Monterey Place

Boulder, CO 80301
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,146 Ft²
$699,135
RealtyHop Estimate
5.93%
Since Dec 1, 2021
CO-Denver
Primary Model

About This Property

Lots of potential to own a single family home in a quiet neighborhood in Boulder- near bus lines, parks, multi-use paths.The Seller has not lived in the house for over 25 years; it has been a rental and needs updating. Large unfinished basement, nice size lot and back yard. Buyer to verify all measurements. Please follow all CDC COVID guidelines.
Unit Size
1,146 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$576
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1972

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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 #RECIR952655)

Price History

Date / Event Date Event Price
Nov 15, 2021 Sold
Premium
Sold
Oct 7, 2021 Listed by WK Real Estate $660,000
Listed by WK Real Estate
Sep 3, 1985 Sold
Premium
Sold
Jan 10, 1973 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 925
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,015
  • Total Building Area: 2,471
  • Gross Building Area: 2,471
  • Building Area: 1,146
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,146
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALO PARK 1 REFILE - BOV
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 26 BLK 4 PALO PARK 1 REFILE

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012701

Zoning

  • Zoning: SR

Geography

  • Assessors Map Reference: B12-K
  • Account Number: R0029784
  • Parcel: R0029784
  • Block: 4
  • Lot: 26
  • Meridian: SEC 17 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.043
  • Longitude: -105.255

    Address

  • Full Address: 3762 Monterey Pl
  • Address - House Number: 3762
  • Address - Street Name: Monterey
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Boulder
  • Carrier Code: C018
  • 4-Digit Zip Code: 1523
  • Zip Code: 80301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $433,786
  • Tax Rate Code Area: 00-253

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 839,387
  • High Value: 975,714
  • Low Value: 703,060

    Market Valuation

  • Market Total Value: $881,600
  • Market Land Value: $425,300
  • Market Improvement Value: $456,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,641
  • Assessed Land Value: $28,772
  • Assessed Improvements Value: $30,869

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3927676
  • Previous Sale Recording Date: Sep 03, 1985
  • Previous Sale Contract Date: Sep 03, 1985
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: 27
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 Palo Park

Stats & Trends

Median Asking:

$850,000

Sale Price/ft²

$424

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2591 ft²

Average Home Age

30.1 years

Currently For Sale

20 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

Unit for rent at 2037 Walnut St, CO, 80302

$1,200 /mo

  • 1 Bed
  • 1 Bath
2037 Walnut St, CO, 80302 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 3762 Monterey Place built and last sold?
The property at 3762 Monterey Place was built in 1972 and last sold on Nov 8, 2021 for $714,500.
How much is this home worth?
The estimated value of the home located at 3762 Monterey Place is $663,137.
What are some comparable homes to 3762 Monterey Place?
There are currently no comparable homes to 3762 Monterey Place.
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