$546,000
●
Multifamily -
Off Market
4135 Monroe Drive #C
Boulder, CO 80303
2 Beds
2 Baths,
1
Half Bath
1,056 Ft²
$562,646
RealtyHop Estimate
8.20%
Since Sep 1, 2021
CO-Denver
Primary Model
About This Property
This darlin' 2 BD/1.5 BA end-unit townhome is super adorable, well
maintained & move-in ready! Enjoy the warmth of hardwood floors
thru-out main level w/ an abundance of Colorado sun streaming in!
Spacious kitchen w/ tumbled stone backsplash, oversized marble
countertop island & SS appliances give this townhome a modern,
clean look. Decorative arches accent a sunny eat-in-kitchen area
which opens up to a roomy Trex deck w/ closeup views of the
Flatirons! Stay cool in summers w/ cooling blower in furnace + 3
ceiling fans. Winters are warm 'n cozy w/ the gas fireplace ablaze
in the Living Rm. Upper bedrooms are carpeted & have generous
closets & storage. Full bathroom opens to hallway & Master.
Washer/Dryer included. Attached carport with dedicated storage
unit. HOA includes trash/water, exterior maintenance & outdoor
pool. Lucky home owners will enjoy quick access to multiple
hiking & running trails, retail, CU-Boulder & Hwy 36. This home is
ideal for low maintenance, busy lifestyle!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$492
Property Type
Multifamily
Property Taxes
-
HOA Dues
$320
Year Built
-
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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 (REcolorado MLS #RECIR947464)
Price History
Property Highlights
Fireplace
Parking Details
Total Number of Parking: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Eat-in Kitchen, Jack & Jill Bathroom, Kitchen Island, Open Floorplan, Pantry
Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator
Flooring Type: Vinyl, Wood
Fireplace Features: Gas, Gas Log, Insert
Basement: Crawl Space
Exterior Details
Property Type: Residential
Property Sub Type: Multi-Family
Year Built: 1977
Levels: Two
Structure Type: Townhouse
Building Area Total: 1056
Construction Methods: Wood Frame
Roof: Composition
Lot Features: Corner Lot
Lot Size Acres: 0.01
Lot Size Square Feet: 523
Water Source: Public
Financial Details
Tax Year: 2020
Utilities Details
Cooling: Ceiling Fan(s)
Heating: Forced Air, Hot Water
Location Details
Directions: From the University of Colorado Boulder, head northeast on Regent Dr and turn right onto Colorado Ave then turn right onto Monroe Dr to enter the complex. Unit #C is across from the swimming pool and mailboxes on the east side.
County or Parish: Boulder
Other Details
Association Fee Includes: Reserves, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water
Association Fee: $320
Association Fee Freq: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/24/2022
|
2 Bed
|
2 Bath
|
1056 ft²
|
$210,635
2 Bed
2 Bath
1056 ft²
|
$210,635
07/05/2022
|
Evan Lam
Colorado Key Properties
| |
|
01/13/2022
|
2 Bed
|
1 Bath
|
968 ft²
|
$435,000
2 Bed
1 Bath
968 ft²
|
$460,000
+5.75%
02/11/2022
|
Ethan Shapiro
Climate Change Realty
| |
|
07/24/2021
|
2 Bed
|
2 Bath
|
1056 ft²
|
$520,000
2 Bed
2 Bath
1056 ft²
|
$546,000
+5.00%
08/26/2021
|
Cory Nickerson
Louisville Realty Associates
| |
|
09/24/2015
|
2 Bed
|
2 Bath
|
1056 ft²
|
$170,595
2 Bed
2 Bath
1056 ft²
|
$170,595
11/30/2015
|
Brandon Del Campo
milehimodern - Boulder
|
Building Info
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