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Boulder 80305 Highland Park
425 Drake St
$1,360,000
● House - Off Market

425 Drake St

Boulder, CO 80305
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,262 Ft²
$1,760,784
RealtyHop Estimate
32.89%
Since Jul 1, 2020
CO-Denver
Primary Model

About This Property

PREPARE TO FALL IN LOVE with a home that offers an amazing location, fantastic schools and views that are forever. This property is tucked away on a small, quiet street just below the foothills of Boulder. The spectacular views and the tranquil well-designed landscaping will take your breath away. Features include vaulted ceilings, remodeled kitchen and baths, wood floors, and 3 mini-split units with ability to add 1 additional unit. This beautiful 5 bedroom, 4 bathroom home includes private spacious master retreat with sitting area plus 2 additional ensuite bedrooms on the upper level. The living room directly off of entrance is separate from the main living area and could be a fabulous home office or studio. Don't miss the 2 amazing outdoor living spaces.
Unit Size
3,262 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$406
Property Type
House
Property Taxes
$657
HOA Dues
-
Year Built
1960

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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: 2 years ago (REcolorado MLS #9752573)

Price History

Date / Event Date Event Price
Feb 16, 2022 Sold
Premium
Sold
Jan 7, 2022 Listed $1,690,000
Listed
Jun 23, 2020 Sold
Premium
Sold
Mar 5, 2020 Listed $1,325,000
Listed
Mar 26, 2002 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 736
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,588
  • Total Building Area: 3,998
  • Gross Building Area: 3,998
  • Building Area: 3,262
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,262
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PARK 7 - BO
  • Land Acres: 0000000266
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 18 HIGHLAND PARK 7

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012505

Geography

  • Assessors Map Reference: B18-K
  • Account Number: R0001603
  • Parcel: R0001603
  • Lot: 18
  • Meridian: SEC 05 TWN 1S RNG 70
  • Municipality: BOULDER
  • Latitude: 39.986
  • Longitude: -105.26

    Address

  • Full Address: 425 Drake St
  • Address - House Number: 425
  • Address - Street Name: Drake
  • Address - Suffix Type: St
  • State: CO
  • City Name: Boulder
  • Carrier Code: C004
  • 4-Digit Zip Code: 5317
  • Zip Code: 80305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $877,750
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 79
  • Final Value: 2,117,654
  • High Value: 2,467,771
  • Low Value: 1,767,537

    Market Valuation

  • Market Total Value: $2,274,100
  • Market Land Value: $1,174,600
  • Market Improvement Value: $1,099,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,843
  • Assessed Land Value: $79,462
  • Assessed Improvements Value: $74,381

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3945601
  • Previous Sale Recording Date: Jun 23, 2020
  • Previous Sale Contract Date: Jun 22, 2020
  • Previous Sale Amount: $1,360,000
  • 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

$596

Below Asking

0.02%

Average Days on Market

47

Average Home Size

2054 ft²

Average Home Age

50 years

Currently For Sale

64 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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REcolorado

Listed by: Barbara Pozzi,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 9752573
© 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.

Frequently Asked Questions

When was property at 425 Drake Street built and last sold?
The property at 425 Drake Street was built in 1960 and last sold on Feb 14, 2022 for $1,690,000.
How much is this home worth?
The estimated value of the home located at 425 Drake Street is $0.
What are some comparable homes to 425 Drake Street?
There are currently no comparable homes to 425 Drake Street.
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