6657 Drew Ranch Ln
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | Listed | $795,000 | |
| Listed | |||
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Welcome to 6657 Drew Ranch Lane, a charming single-family home nestled in the serene Gunbarrel North neighborhood, just blocks from a neighborhood park and minutes from the Boulder Reservoir and grocery store. This delightful residence offers a perfect blend of comfort, location, updated systems, and space to grow. This home boasts 1830 square feet above grade plus an additional 920 sf unfinished basement. Upon entering from the large covered porch, you are greeted by soaring vaulted ceilings and updated prefinished hardwood floors. The main level offers a natural inviting flow between the foyer, living room, eating space, and open kitchen, as well as a remodeled half bath, LED can lights, new paint, and new carpet on the stairs. The upper level boasts solid hardwood floors, new paint on doors and trim, 4 spacious bedrooms with vaulted ceilings, a primary suite with a walk-in closet, a 5-piece bath, and an additional full bath. Full basement includes 4 large egress windows, rough plumbing for future bath, and high ceilings. This 920 square foot basement is a clean slate and will accommodate 2 large conforming bedrooms, a 4th bathroom, and a bonus room. The home is situated on a 4,234 square foot lot and offers a manageable outdoor area for relaxation and recreation. The outdoor space includes a covered patio, sprinkler system, and mature vegetation. New furnace (2025). New hot water heater (2025). New garage door opener (2025). New carpet (2025), some new interior paint (2025), and new LED can lights (2025). Central A/C, approx. 2020. Located in the desirable Gunbarrel North neighborhood, residents enjoy a tranquil environment with easy access to Boulder's vibrant amenities. Downtown Boulder is a 15-minute drive. Proximity to local parks, shopping centers, and dining options ensures a balanced lifestyle, combining suburban tranquility with urban conveniences.
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| Aug 7, 2015 | Sold | ||
| Sold | |||
| Oct 6, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017