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Boulder 80303 Meadow Glen
5510 Friends Place
$1,125,000
● House - Off Market

5510 Friends Place

Boulder, CO 80303
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,468 Ft²
$1,104,378
RealtyHop Estimate
0.40%
Since Mar 1, 2023
CO-Denver
Primary Model

About This Property

This beautiful, rare Boulder house with 4 bedrooms (one non-conforming) and 4 bathrooms is ready for it's new owner. It has an open main area with a double-sided fireplace between the living room and the dining space. The large kitchen has stainless steel appliances. The primary bedroom has a private bath with double sinks and a walk-in closet. The large backyard is perfect for entertaining! It has an upper and lower deck, and the yard is nicely landscaped.  This home is close to schools, bike/walking paths, the East Boulder Rec Center, private tennis club, Flatirons golf course and many wonderful restaurants. Easy access to Foothills Pkwy and Hwy 36 for efficient commuting to Denver.
Unit Size
2,468 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$446
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991

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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 #RECIR980725)

Price History

Date / Event Date Event Price
Mar 2, 2023 Sold
Premium
Sold
Jan 18, 2023 Listed by Coldwell Banker Realty-Boulder $1,100,000
Listed by Coldwell Banker Realty-Boulder
Jul 9, 1991 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 744
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,898
  • Total Building Area: 2,868
  • Gross Building Area: 2,868
  • Building Area: 2,468
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,468
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KIMBERLY COURT - BO
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 1 KIMBERLY COURT SPLIT SEE ID 108608-108612

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012710

Geography

  • Assessors Map Reference: B18-J
  • Account Number: R0037190
  • Parcel: R0037190
  • Lot: 1
  • Meridian: SEC 34 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0041
  • Longitude: -105.225

    Address

  • Full Address: 5510 Friends Pl
  • Address - House Number: 5510
  • Address - Street Name: Friends
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Boulder
  • Carrier Code: C034
  • 4-Digit Zip Code: 2980
  • Zip Code: 80303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $415,826
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 1,172,826
  • High Value: 1,370,384
  • Low Value: 975,268

    Market Valuation

  • Market Total Value: $1,023,800
  • Market Land Value: $533,200
  • Market Improvement Value: $490,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,260
  • Assessed Land Value: $36,071
  • Assessed Improvements Value: $33,189

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3998853
  • Previous Sale Recording Date: Apr 01, 1993
  • Previous Sale Contract Date: Apr 01, 1993
  • 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

62

Average Home Size

1523 ft²

Average Home Age

46.5 years

Currently For Sale

120 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 5510 Friends Place built and last sold?
The property at 5510 Friends Place was built in 1991 and last sold on Feb 16, 2023 for $1,125,000.
How much is this home worth?
The estimated value of the home located at 5510 Friends Place is $1,118,755.
What are some comparable homes to 5510 Friends Place?
There are currently no comparable homes to 5510 Friends Place.
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