$520,000
●
Townhouse -
Off Market
4232 Monroe Dr #B
Boulder, CO 80303
2 Beds
2 Baths,
1
Half Bath
1,056 Ft²
$3,136
Est. Monthly
$420
HOA / Fees
2.49%
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. The well run 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
-
Land Size
-
Price per sqft
$501
Property Type
Townhouse
Property Taxes
$119
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 (IRES MLS #1003893)
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 | |||
| 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
Interior Features: High Speed Internet, Separate Dining Room, Open Floorplan
Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Dryer, Microwave, Disposal
Window Features: Double Pane Windows
Laundry Features: Washer/Dryer Hookups, Main Level
Common walls with other units/homes: End Unit
Basement: None
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: Level, Within City Limits
Lot Size Units: Square Feet
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $1,422
HOA/Condo/Coop Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, 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
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, Inc
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1003893
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1003893
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