$649,000
●
House -
Off Market
611 Cascade Ave #7
Boulder, CO 80302
1 Bed
1 Bath
609 Ft²
$4,226
Est. Monthly
$850
HOA / Fees
0.93%
Cap Rate
About This Property
Location, location, location!! ! This is the only condo complex in
the area, so there are no other options in this price range. This
beautifully remodeled condo is set one block from Chautauqua Park,
in a quiet location, surrounded by multi-million dollar homes.
Some of the many amenities include: Low HOA dues that include
hot water heat, a private balcony, an 8 x 10 storage room, and a
reserved parking spot. The recent updates include the addition of a
washer/dryer; a new kitchen with SS appliances, custom cabinets &
corian counters; updated bathroom; and a large skylight.
There's only 12 units in this complex and they only come
available once in a great while, if you miss this opportunity you
likely won't get another chance to live in this area of Boulder for
under $1M.
Unit Size
609 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,066
Property Type
House
Property Taxes
$189
HOA Dues
$850
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: 2 years ago (IRES MLS #1004948)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2024 | Listed | $649,000 | |
| Listed | |||
| | |||
|
Location, location, location!! ! This is the only condo complex in the area, so there are no other options in this price range. This beautifully remodeled condo is set one block from Chautauqua Park, in a quiet location, surrounded by multi-million dollar homes. Some of the many amenities include: Low HOA dues that include hot water heat, a private balcony, an 8 x 10 storage room, and a reserved parking spot. The recent updates include the addition of a washer/dryer; a new kitchen with SS appliances, custom cabinets & corian counters; updated bathroom; and a large skylight. There's only 12 units in this complex and they only come available once in a great while, if you miss this opportunity you likely won't get another chance to live in this area of Boulder for under $1M.
| |||
| Jul 26, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by Accent Properties | $479,900 | |
| Listed by Accent Properties | |||
| | |||
|
Charming 1 bed, 1 bath condo in a pristine location, perfectly located one block from Chautauqua and hiking trails. Wonderful high ceilings, large private balcony, and ample storage (secure 8x10 storage area) are just a few of the amenities this condominium has to offer. The updated kitchen includes stainless steel appliances, washer/dryer, corian countertops, custom cabinets and a large skylight for plenty of natural light. There are hardwood floors throughout the unit, and offers a high efficiency heating system.
| |||
| Mar 9, 2010 | Listed | $275,000 | |
| Listed | |||
| | |||
|
This beautifully remodeled condo is perfectly set one block from Chautauqua Park, in a quiet location, surrounded by million dollar homes. Some of the many amenities include 8 1/2 foot ceilings, a private balcony and a private 8 x 10 storage room. The recent updates incl. a new kitchen with SS appliances, Corian counters, Jado faucets, a large skylight, & custom cabinets. Other features & improvements incl wood floors, new doors & windows, a fully remodeled bath, custom lighting and much more.
| |||
Property Highlights
Parking Details
Parking Features: Alley Access
Interior Details
Full Bathrooms: 1
Interior Features: Open Floorplan
Appliances: Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Electric Range/Oven
Basement: None
Exterior Details
Has Property Attached
Square Footage: 609
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1925
Building Area Total: 609
Levels: One
Building Area Units: Square Feet
Window Features: Window Coverings, Wood Frames, Skylight(s)
Construction Materials: Composition Siding
Patio and Porch Features: Patio
Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
Lot Size Units: Square Feet
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $2,269
Utilities Details
Heating Type: Hot Water, Baseboard
Sewer : City Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash, Maintenance Grounds, Utilities, Maintenance Structure, Water/Sewer, Heat, Hazard Insurance
HOA Fee: $850
HOA Fee Frequency: Quarterly
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 |
|---|---|---|---|---|---|---|---|
|
02/22/2026
| |
1 Bed
|
1 Bath
|
609 ft²
|
$589,000
1 Bed
1 Bath
609 ft²
|
-
-
|
Danny Abila
Legacy Real Estate
|
|
03/12/2024
|
1 Bed
|
1 Bath
|
609 ft²
|
$649,000
1 Bed
1 Bath
609 ft²
|
-
-
|
Annie Zrubek
RE/MAX Alliance-Boulder
| |
|
06/16/2023
|
1 Bed
|
1 Bath
|
609 ft²
|
$479,900
1 Bed
1 Bath
609 ft²
|
$479,900
07/26/2023
|
Gary Calderon
Accent Properties
|
Building Info
About Central Boulder
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Listed by: Annie Zrubek, RE/MAX Alliance-Boulder
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1004948
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: 2 years ago
Data Source: IRES MLS, MLS# 1004948
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