745 Thomas Dr #2
About This Property
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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.
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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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed | $350,000 | |
| Listed | |||
| | |||
|
Discover the perfect Boulder lifestyle in this beautifully updated 2 bedroom, 1 bathroom condo offering 777 square feet of light-filled living space. Enjoy the southern exposure throughout the day while relaxing in the open-concept living and dining area. The updated kitchen features granite countertops, stainless steel appliances, and ample cabinetry, making meal prep a joy. Both bedrooms are generously sized with plenty of natural light and closet space. One of the bedrooms even has a wood burning fireplace! This East Boulder condo offers unbeatable convenience to CU, nearby trails, and grocery shopping across the street making it ideal for students, professionals, or anyone seeking a lock-and-leave lifestyle. Whether you're looking for a comfortable home or a smart investment, this property offers excellent rental potential in Boulder's strong market with consistent demand for housing close to campus and amenities. The property provides a reserved off-street parking space, storage locker, and coin laundry onsite. Don't miss this move-in ready condo that blends location, functionality, and investment opportunity in one of Boulder's most desirable areas!
| |||
| May 9, 2013 | Sold | ||
| Sold | |||
| Mar 28, 2013 | Listed by Folsom & Co. Real Estate | $198,500 | |
| Listed by Folsom & Co. Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2025
|
2 Bed
|
1 Bath
|
777 ft²
|
$350,000
2 Bed
1 Bath
777 ft²
|
$315,500
-9.86%
08/15/2025
|
Christina Surprenant
West and Main Homes Inc
| |
|
07/07/2025
|
2 Bed
|
1 Bath
|
1050 ft²
|
$450,000
2 Bed
1 Bath
1050 ft²
|
$450,000
08/11/2025
|
Andy Hawk
Folsom & Co. Real Estate
| |
|
07/29/2022
|
2 Bed
|
1 Bath
|
913 ft²
|
$449,000
2 Bed
1 Bath
913 ft²
|
$449,000
09/23/2022
|
Katherine Drucker
Good Good Realty
| |
|
05/24/2022
|
2 Bed
|
2 Bath
|
1050 ft²
|
$449,000
2 Bed
2 Bath
1050 ft²
|
$449,000
07/01/2022
|
Sibyl Liedtke
milehimodern - Boulder
| |
|
01/03/2021
|
2 Bed
|
1 Bath
|
929 ft²
|
$359,900
2 Bed
1 Bath
929 ft²
|
-
-
|
-
| |
|
06/09/2020
|
2 Bed
|
2 Bath
|
900 ft²
|
$359,000
2 Bed
2 Bath
900 ft²
|
-
-
|
-
| |
|
01/15/2020
|
2 Bed
|
2 Bath
|
1025 ft²
|
$400,000
2 Bed
2 Bath
1025 ft²
|
-
-
|
-
| |
|
01/14/2020
|
2 Bed
|
1 Bath
|
777 ft²
|
$409,000
2 Bed
1 Bath
777 ft²
|
-
-
|
-
| |
|
05/03/2019
|
2 Bed
|
2 Bath
|
960 ft²
|
$429,000
2 Bed
2 Bath
960 ft²
|
-
-
|
-
| |
|
09/11/2018
|
2 Bed
|
2 Bath
|
1025 ft²
|
$359,900
2 Bed
2 Bath
1025 ft²
|
$353,500
-1.78%
10/31/2018
|
Nola Chow
Compass-Denver
| |
|
01/10/2017
|
2 Bed
|
1 Bath
|
1050 ft²
|
$300,000
2 Bed
1 Bath
1050 ft²
|
$297,800
-0.73%
03/08/2017
|
Kimberly Fels
RE/MAX of Boulder, Inc
| |
|
10/25/2015
|
3 Bed
|
2 Bath
|
1214 ft²
|
$325,000
3 Bed
2 Bath
1214 ft²
|
$325,000
12/16/2015
|
Chris Angelovic
Market Real Estate
| |
|
10/16/2015
|
2 Bed
|
2 Bath
|
1000 ft²
|
$240,000
2 Bed
2 Bath
1000 ft²
|
$264,000
+10.00%
11/12/2015
|
John Larkin
JWL Associates
| |
|
06/24/2013
|
2 Bed
|
1 Bath
|
912 ft²
|
$219,000
2 Bed
1 Bath
912 ft²
|
$201,000
-8.22%
09/18/2013
|
Christopher Botsy Phillips
Compass - Boulder
| |
|
03/28/2013
|
2 Bed
|
1 Bath
|
777 ft²
|
$198,500
2 Bed
1 Bath
777 ft²
|
$198,500
05/09/2013
|
Andy Hawk
Folsom & Co. Real Estate
| |
|
12/03/2011
|
2 Bed
|
1 Bath
|
940 ft²
|
$196,000
2 Bed
1 Bath
940 ft²
|
$195,000
-0.51%
02/21/2012
|
Erik Park
Kearney Realty
| |
|
02/09/2011
|
2 Bed
|
2 Bath
|
900 ft²
|
$189,500
2 Bed
2 Bath
900 ft²
|
$189,500
05/31/2012
|
Sharon Rouse
Mock Realty Company
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017