$580,000
●
Condo -
Off Market
715 Arapahoe Ave #4
Boulder, CO 80302
2 Beds
2 Baths
1,227 Ft²
$901,645
RealtyHop Estimate
44.26%
Since May 1, 2018
CO-Denver
Primary Model
About This Property
Incredible location right on Boulder Creek. Easy walk to
Pearl Street Mall and the University. 2nd floor unit,
completely furnished with an open floor plan, S/S appliances with a
new glass top stove, newer furnace, newer hot water heater, newer
carpet, and new disposal. Gas fireplace and A/C. Washer
and dryer in the unit. One reserved parking spot. No
real estate sign!
Unit Size
1,227 Ft²
Days on Market
16 days
Land Size
-
Price per sqft
$509
Property Type
Condo
Property Taxes
$220
HOA Dues
$285
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
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 (IRES MLS #841675)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2018 | Sold | ||
| Sold | |||
| Feb 14, 2018 | Listed by Bossert Residential LLC | $625,000 | |
| Listed by Bossert Residential LLC | |||
| Jul 12, 2017 | Sold | ||
| Sold | |||
| May 24, 2017 | Listed by Mountain Sun Realty | $579,000 | |
| Listed by Mountain Sun Realty | |||
| | |||
|
Fantastic location with spacious Master Suite balcony overlooking Boulder Creek. Steps to the creek path and close to Pearl Street, Library, and University. Highly desirable 2nd floor unit with an open floor plan. S/S appliances with new glasstop stove, new furnace hot water heater and carpet. Gas fireplace and A/C. One reserved parking space. Live and hike creekside in the Heart of Boulder.There is NO Real Estate sign. 1hr. notice required.
| |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Window Features: Window Coverings
Has Fireplace
Fireplace Features: Gas
Basement: None
Exterior Details
Has Property Attached
Square Footage: 1227
Square Footage Source: Assessor
Security Features: Smoke Detector(s)
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1978
Above Grade Finished Area: 1227Square Feet
Building Area Total: 1227
Levels: One
Building Area Units: Square Feet
Construction Materials: Brick/Brick Veneer
Roof: Composition
Lot Size Units: Square Feet
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $2,645
HOA/Condo/Coop Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure
HOA Fee: $285
HOA Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Utilities for Property: Natural Gas Available
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 |
|---|---|---|---|---|---|---|---|
|
03/05/2026
|
2 Bed
|
1 Bath
|
1227 ft²
|
$750,000
2 Bed
1 Bath
1227 ft²
|
-
-
|
Kelly Moye
Compass - Denver
| |
|
06/17/2025
|
2 Bed
|
1 Bath
|
1227 ft²
|
$740,000
2 Bed
1 Bath
1227 ft²
|
-
-
|
Kelly Moye
Compass - Denver
| |
|
03/17/2021
|
2 Bed
|
2 Bath
|
1227 ft²
|
$625,000
2 Bed
2 Bath
1227 ft²
|
$660,000
+5.60%
04/20/2021
|
Mark Bossert
Bossert Residential LLC
| |
|
05/15/2019
|
2 Bed
|
2 Bath
|
1227 ft²
|
$625,000
2 Bed
2 Bath
1227 ft²
|
$500,000
-20.00%
08/12/2019
|
Karen Zeid
| |
|
02/14/2018
|
2 Bed
|
2 Bath
|
1227 ft²
|
$625,000
2 Bed
2 Bath
1227 ft²
|
$580,000
-7.20%
04/06/2018
|
Mark Bossert
Bossert Residential LLC
| |
|
10/24/2017
|
3 Bed
|
2 Bath
|
1224 ft²
|
$525,000
3 Bed
2 Bath
1224 ft²
|
$510,000
-2.86%
12/04/2017
|
Brenda Feldman
Pennant Investments
| |
|
05/24/2017
|
2 Bed
|
2 Bath
|
1227 ft²
|
$579,000
2 Bed
2 Bath
1227 ft²
|
$569,000
-1.73%
07/12/2017
|
Karen Isaac
Mountain Sun Realty
|
Building Info
About Central Boulder
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Listed by: Mark Bossert, Bossert Residential LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 841675
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: 3 years ago
Data Source: IRES MLS, MLS# 841675
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