$520,000
●
Townhouse -
Off Market
4232 Monroe Dr #B
Boulder, CO 80303
2 Beds
2 Baths,
1
Half Bath
1,056 Ft²
$3,108
Est. Monthly
$420
HOA / Fees
2.55%
Cap Rate
About This Property
Welcome to Park East Square! A desirable & affordable Boulder
community surrounded by open space, trails & easy access to CU's
Campus! This recently updated townhome offers an outside front
entrance with a fully fenced/enclosed patio that leads to a
spacious & open main floor living space with new vinyl flooring,
powder bath & a freshly paint interior. The kitchen includes ample
cabinet & counter space and direct access to the 1-Car Covered
Carport and access to a separate/private storage unit. Upper floor
has 2 generous sized bedrooms and a full bath and all new carpet.
Other recent updates include a brand new hot water heater & newer
windows. HOA includes a neighborhood clubhouse & pool. This
turn-key unit is move-in ready & a great Boulder Opportunity
Unit Size
1,056 Ft²
Days on Market
246 days
Land Size
-
Price per sqft
$501
Property Type
Townhouse
Property Taxes
$90
HOA Dues
$420
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.
Last updated: 3 years ago (REcolorado MLS #2290342)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Feb 26, 2024 | Listed by RE/MAX of Boulder, Inc | $529,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| | |||
|
Welcome to Park East Square! A desirable & affordable Boulder community surrounded by open space, trails & easy access to CU's Campus! This recently updated townhome offers an outside front entrance with a fully fenced/enclosed patio that leads to a spacious & open main floor living space with new vinyl flooring, powder bath & a freshly paint interior. The kitchen includes ample cabinet & counter space and direct access to the 1-Car Covered Carport and access to a separate/private storage unit. Upper floor has 2 generous sized bedrooms and a full bath and all new carpet. Other recent updates include a brand new hot water heater & newer windows. The well run HOA includes a neighborhood clubhouse & pool. This turn-key unit is move-in ready & a great Boulder Opportunity.
| |||
| Jul 13, 2023 | Listed | $539,000 | |
| Listed | |||
| | |||
|
Welcome to Park East Square! A desirable & affordable Boulder community surrounded by open space, trails & easy access to CU's Campus! This recently updated townhome offers an outside front entrance with a fully fenced/enclosed patio that leads to a spacious & open main floor living space with new vinyl flooring, powder bath & a freshly paint interior. The kitchen includes ample cabinet & counter space and direct access to the 1-Car Covered Carport and access to a separate/private storage unit. Upper floor has 2 generous sized bedrooms and a full bath and all new carpet. Other recent updates include a brand new hot water heater & newer windows. HOA includes a neighborhood clubhouse & pool. This turn-key unit is move-in ready & a great Boulder Opportunity.
| |||
| Jun 24, 2008 | Listed | $229,900 | |
| Listed | |||
| | |||
|
This property was inputted in the MLS for comparison purposes.
| |||
| Jun 2, 1998 | Listed | $129,500 | |
| Listed | |||
| | |||
Property Highlights
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Bedrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Self Cleaning Oven, Dishwasher, Refrigerator, Dryer, Microwave, Disposal
Window Features: Double Pane Windows
Laundry Features: Main Level
Exterior Details
Has Property Attached
Square Footage: 1056
Square Footage Source: Assessor
Property Condition: Not New, Previously Owned
Architectural Style: Contemporary/Modern
Year Built: 1975
Above Grade Finished Area: 1056Square Feet
Building Area Total: 1056
Levels: Two
Building Area Units: Square Feet
Construction Materials: Wood/Frame
Patio and Porch Features: Patio
Roof: Composition
Lot Features: Cul-De-Sac
Lot Size Units: Square Feet
Water Source: City Water
Financial Details
Tax Annual Amount: $1,079
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Structure, Water/Sewer, Hazard Insurance
Association Name: Park East Square HOA
HOA Fee: $420
HOA Fee Frequency: Monthly
Association Phone: 303-442-6511
Utilities Details
Heating Type: Forced Air
Utilities for Property: Natural Gas Available, Electricity Available, Cable Available
Sewer : City Sewer, Public Sewer
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 |
|---|---|---|---|---|---|---|---|
|
03/20/2025
|
2 Bed
|
1 Bath
|
1056 ft²
|
$540,000
2 Bed
1 Bath
1056 ft²
|
$510,000
-5.56%
04/10/2025
|
Bob Gordon
Berkshire Hathaway HomeServices Rocky Mtn Realtors
| |
|
02/26/2024
|
2 Bed
|
2 Bath
|
1056 ft²
|
$529,000
2 Bed
2 Bath
1056 ft²
|
$520,000
-1.70%
04/12/2024
|
Kelly Atteridg
RE/MAX of Boulder
| |
|
10/25/2023
|
2 Bed
|
2 Bath
|
968 ft²
|
$500,000
2 Bed
2 Bath
968 ft²
|
$476,125
-4.78%
11/14/2023
|
Nick Rota
Live West Realty
| |
|
07/13/2023
|
2 Bed
|
2 Bath
|
1056 ft²
|
$529,000
2 Bed
2 Bath
1056 ft²
|
$520,000
-1.70%
04/12/2024
|
Kelly Atteridg
RE/MAX of Boulder
|
Building Info
About East Boulder
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Listed by: Patrick Dolan, RE/MAX of Boulder
Last Updated: 3 years ago
Data Source: REcolorado MLS, MLS# 2290342
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: REcolorado MLS, MLS# 2290342
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