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Boulder 80303 Arapahoe Ridge
4764 McKinley Drive
$981,000
● House - Off Market

4764 McKinley Drive

Boulder, CO 80303
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,708 Ft²
$1,016,444
RealtyHop Estimate
7.11%
Since Nov 1, 2021
CO-Denver
Primary Model

About This Property

Perfect location in desirable Arapahoe Ridge on a very quiet street. Four nice-sized bedrooms upstairs and lots of light throughout this home. Private back yard with lovely patio is lush and lovely. The windows have been replaced, kitchen was remodeled several years ago, and there are hardwood floors throughout (except for hallway and stairs). Newer boiler, side arm, and mini split air conditioning in all 4 bedrooms. This home has been lovingly maintained and has been in the same family since 1968. Quick closing possible.
Unit Size
2,708 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$350
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1968

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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 #RECIR949851)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Aug 30, 2021 Listed by Casabella Realty $949,000
Listed by Casabella Realty
Apr 12, 1968 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 40
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 1,322
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,718
  • Total Building Area: 3,192
  • Gross Building Area: 3,192
  • Building Area: 2,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,708
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARAPAHOE RIDGE - BO
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 20 LESS S 2 FT 6 IN BLK 3 ARAPAHOE RIDGE

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012603

Geography

  • Assessors Map Reference: B18-H
  • Account Number: R0010580
  • Parcel: R0010580
  • Block: 3
  • Lot: 20
  • Meridian: SEC 33 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0116
  • Longitude: -105.238

    Address

  • Full Address: 4764 Mckinley Dr
  • Address - House Number: 4764
  • Address - Street Name: Mckinley
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Boulder
  • Carrier Code: C040
  • 4-Digit Zip Code: 1125
  • Zip Code: 80303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,464
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 1,267,341
  • High Value: 1,477,560
  • Low Value: 1,057,123

    Market Valuation

  • Market Total Value: $1,188,500
  • Market Land Value: $652,200
  • Market Improvement Value: $536,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,402
  • Assessed Land Value: $44,121
  • Assessed Improvements Value: $36,281

    Sales

  • Current Sale Contract Date: Oct 05, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3919063
  • Previous Sale Recording Date: Apr 12, 1968
  • Previous Sale Contract Date: Apr 12, 1968
  • Previous Sale Amount: $29,900
  • 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 East Boulder

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$473

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1529 ft²

Average Home Age

45.6 years

Currently For Sale

123 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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Frequently Asked Questions

When was property at 4764 McKinley Drive built and last sold?
The property at 4764 McKinley Drive was built in 1968 and last sold on Oct 5, 2021 for $981,000.
How much is this home worth?
The estimated value of the home located at 4764 McKinley Drive is $977,569.
What are some comparable homes to 4764 McKinley Drive?
There are currently no comparable homes to 4764 McKinley Drive.
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