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Boulder 80304 Newlands
648 Dewey Avenue
$860,000
● House - Off Market

648 Dewey Avenue

Boulder, CO 80304
bedrooms
1 Bed
bathrooms
1 Bath
square feet
720 Ft²
$918,013
RealtyHop Estimate
8.00%
Since Oct 1, 2021
CO-Denver
Primary Model

About This Property

Adorable bungalow with a heated, detached 175 sq. ft. studio in a great Mapleton Hill location. The living area is open and the home lives much larger than the square footage. The kitchen opens up to the nicely landscaped and private backyard.  The bright studio has alley access and would make a great home office or expanded living area. There is one parking spot in the alley. Awesome location! An easy walk to Pearl Street, Ideal Market, North Boulder Park and Mt. Sanitas.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$1,181
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1910

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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 #RECIR950118)

Price History

Date / Event Date Event Price
Sep 20, 2021 Sold
Premium
Sold
Sep 2, 2021 Listed by Kearney Realty $850,000
Listed by Kearney Realty
Aug 24, 2016 Sold
Premium
Sold
Jul 30, 1997 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1985
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 16
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,337
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEIKIRK-STEWART - BO
  • Land Acres: 0000000077
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: W 17 FT LOT 2 & E 14 FT LOT 3 BLK 6 NEIKIRK-STEWART

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012101

Geography

  • Assessors Map Reference: B17-F
  • Account Number: R0008467
  • Parcel: R0008467
  • Block: 6
  • Lot: 2
  • Meridian: SEC 25 TWN 1N RNG 71
  • Municipality: BOULDER
  • Latitude: 40.0235
  • Longitude: -105.287

    Address

  • Full Address: 648 Dewey Ave
  • Address - House Number: 648
  • Address - Street Name: Dewey
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Boulder
  • Carrier Code: C004
  • 4-Digit Zip Code: 3932
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $444,694
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1498
  • Valuation Date: May 17, 2023
  • Confidence Score: 81
  • Final Value: 1,120,234
  • High Value: 1,288,101
  • Low Value: 952,367

    Market Valuation

  • Market Total Value: $1,015,500
  • Market Land Value: $913,950
  • Market Improvement Value: $101,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,699
  • Assessed Land Value: $61,829
  • Assessed Improvements Value: $6,870

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3915102
  • Previous Sale Recording Date: Aug 24, 2016
  • Previous Sale Contract Date: Aug 19, 2016
  • Previous Sale Amount: $610,000
  • 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 Central Boulder

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$719

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2046 ft²

Average Home Age

51.8 years

Currently For Sale

288 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

Unit for rent at 1240 Cedar Ave, CO, 80304

$1,642 /mo

  • 1 Bed
  • 1 Bath
1240 Cedar Ave, CO, 80304 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 648 Dewey Avenue built and last sold?
The property at 648 Dewey Avenue was built in 1910 and last sold on Sep 15, 2021 for $860,000.
How much is this home worth?
The estimated value of the home located at 648 Dewey Avenue is $842,567.
What are some comparable homes to 648 Dewey Avenue?
There are currently no comparable homes to 648 Dewey Avenue.
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