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Niwot 80503
7624 Nikau Dr
$784,000
● House - Off Market

7624 Nikau Dr

Niwot, CO 80503
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,029 Ft²
$787,454
RealtyHop Estimate
-1.45%
Since Oct 1, 2023
CO-Denver
Primary Model

About This Property

Fantastic Niwot location! Ranch style featuring 3 bedrooms on the main floor. Many updates including new flooring throughout. Finished basement with large bedroom, living space and tons of storage space featuring cedar plank closet. Attached 2-car garage wired for high-speed EV charging and low maintenance landscaping provide on-property convenience. Back yard gate opens to Central Park. Community boasts lots of parks and trials nearby and walking distance to shops and restaurants in charming small-town Niwot! Insurance claim has been approved for a new roof.
Unit Size
2,029 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$394
Property Type
House
Property Taxes
$318
HOA Dues
$43
Year Built
1978

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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 (IRES MLS #985140)

Price History

Date / Event Date Event Price
Sep 6, 2023 Sold
Premium
Sold
Apr 10, 2023 Listed by MB/Krier Real Estate $799,000
Listed by MB/Krier Real Estate
May 22, 2018 Sold
Premium
Sold
Jul 2, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 16
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,184
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,527
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,825
  • Gross Building Area: 2,825
  • Building Area: 2,029
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,029
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COTTONWOOD PARK WEST 2 RPLT A&B - NIV
  • Land Acres: 0000000127
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 8 BLK 3 COTTONWOOD PARK WEST 2 RPLT BLKS A & B

Neighborhood

  • Census Tract: 013205

Geography

  • Assessors Map Reference: B4-H
  • Account Number: R0074721
  • Parcel: R0074721
  • Block: 3,A,B
  • Lot: 8
  • Municipality: NIWOT
  • Latitude: 40.0999
  • Longitude: -105.172

    Address

  • Full Address: 7624 Nikau Dr
  • Address - House Number: 7624
  • Address - Street Name: Nikau
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Niwot
  • Carrier Code: R019
  • 4-Digit Zip Code: 8671
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $381,194
  • Tax Rate Code Area: 00-273

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 79
  • Final Value: 824,840
  • High Value: 959,838
  • Low Value: 689,842

    Market Valuation

  • Market Total Value: $779,400
  • Market Land Value: $194,700
  • Market Improvement Value: $584,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,726
  • Assessed Land Value: $13,171
  • Assessed Improvements Value: $39,555

    Sales

  • Current Sale Contract Date: Sep 01, 2023
  • Current Sale Recording Date: Sep 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4020677
  • Previous Sale Recording Date: May 22, 2018
  • Previous Sale Contract Date: May 21, 2018
  • Previous Sale Amount: $535,000
  • 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 Niwot

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$425

Below Asking

0.02%

Average Days on Market

53

Average Home Size

4882 ft²

Average Home Age

39.1 years

Currently For Sale

31 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

Currently no nearby rentals
IRES

Listed by: Evan Krier, MB/Krier Real Estate
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 985140
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.

Frequently Asked Questions

When was property at 7624 Nikau Drive built and last sold?
The property at 7624 Nikau Drive was built in 1978 and last sold on Sep 1, 2023 for $784,000.
How much is this home worth?
The estimated value of the home located at 7624 Nikau Drive is $806,855.
What are some comparable homes to 7624 Nikau Drive?
There are currently no comparable homes to 7624 Nikau Drive.
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