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Boulder 80302
6325 Red Hill Road #LOT29
$550,000
● Land - Off Market

6325 Red Hill Road #LOT29

Boulder, CO 80302
bedrooms
Studio
bathrooms
0 Bath
$438,245
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

Picturesque views all the way to Boulder & Denver from beautifully treed lot. Lot is sloped for an ideal, walk-out building site. Water tap already in place w/curb stop located approx halfway north-to-south of the lot at lower east edge. Direct egress avail from either lower or upper portion of Red Hill Rd. Perfectly located to enjoy quiet serenity, amazing sunrises/sunsets, and mother nature in all her splendor while close enough to dine/shop in Boulder's finest establishments. Convenient access to paved Olde Stage Rd & quick 7 min drive to Boulder. (Red Hill Rd is county-maintained.) Property is owned jointly with Lot 28 (also currently for sale (MLS #941097); possible financial incentive offered for buyers purchasing lot 29 in conjunction with  with Lot 28.
Unit Size
-
Days on Market
-
Land Size
1.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$85
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 #RECIR941369)

Price History

Date / Event Date Event Price
Jul 6, 2021 Sold
Premium
Sold
May 24, 2021 Listed by Slifer Smith & Frampton-Bldr $925,000
Listed by Slifer Smith & Frampton-Bldr

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 1,075
  • Garage Type: 4
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,864
  • Total Building Area: 3,291
  • Gross Building Area: 3,291
  • Building Area: 2,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLDE STAGE SETTLEMENT 1 - BOV
  • Land Acres: 0000001007
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 28 OLDE STAGE SETTLEMENT 1

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 013704

Zoning

  • Zoning: F

Geography

  • Assessors Map Reference: B3-G
  • Account Number: R0034493
  • Parcel: R0034493
  • Lot: 28
  • Meridian: SEC 35 TWN 2N RNG 71
  • Municipality: BOULDER
  • Latitude: 40.0899
  • Longitude: -105.303

    Address

  • Full Address: 6325 Red Hill Rd
  • Address - House Number: 6325
  • Address - Street Name: Red Hill
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Boulder
  • Carrier Code: H065
  • 4-Digit Zip Code: 9544
  • Zip Code: 80302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $511,914
  • Tax Rate Code Area: 00-415

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: May 17, 2023
  • Confidence Score: 96
  • Final Value: 341,841
  • High Value: 364,959
  • Low Value: 318,723

    Market Valuation

  • Market Total Value: $1,063,400
  • Market Land Value: $189,100
  • Market Improvement Value: $874,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,939
  • Assessed Land Value: $12,793
  • Assessed Improvements Value: $59,146

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jul 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 3897814
  • Previous Sale Recording Date: Apr 10, 1964
  • Previous Sale Contract Date: Apr 10, 1964
  • 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 Boulder

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$376

Above Asking

0.00%

Average Days on Market

55

Average Home Size

2328 ft²

Average Home Age

37.8 years

Currently For Sale

2314 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 6325 Red Hill Road built and last sold?
The property at 6325 Red Hill Road was built in 1968 and last sold on Jun 28, 2021 for $895,000.
How much is this home worth?
The estimated value of the home located at 6325 Red Hill Road is $0.
What are some comparable homes to 6325 Red Hill Road?
There are currently no comparable homes to 6325 Red Hill Road.
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