775 Grape Ave
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | Listed | $1,597,000 | |
| Listed | |||
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Welcome to this move-in-ready gem in the heart of Newlands, offering exceptional value and classic Boulder charm. Thoughtfully designed with an open floor plan and rich hardwood floors throughout, this home is both warm and inviting. The main floor features a kitchen and dining area, complete with granite countertops, stainless steel appliances, and a cozy fireplace nook as well as a living space and 2 main floor bedrooms with a shared full bath. The spacious primary suite features a large walk-in closet and a private ensuite bath, creating the perfect retreat. Upstairs, a bright and airy living room or study opens through French doors to a sunny south-facing deck with stunning views of the Flatirons ideal for relaxing or entertaining. The light-filled lower level with full-size windows offers a fantastic bonus space overlooking the backyard. Step outside to an entertainer's dream yard, featuring a stamped concrete patio and a charming gazebo perfect for summer gatherings and enjoying Colorado's sunshine year-round. Additional updates include fresh paint, a new furnace, front and back landscaping, a hardscaped back patio with a natural gas line to a fire pit and a second line to a grill, an electrical hookup installed for a future hot tub, and a side enclosure added for chickens or bike storage. Located just a short walk from Foothill Elementary, Mt. Sanitas trails, North Boulder Park, and Ideal Market, this home offers the best of Boulder living in one of its most desirable neighborhoods. Don't miss this opportunity to own a Newlands classic!
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| Aug 4, 2024 | Price Decreased |
$1,672,000
↓ $25K
(1.5%) | |
| Price Decreased | |||
| Jun 13, 2024 | Price Decreased |
$1,697,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Jun 3, 2024 | Price Decreased |
$1,747,000
↓ $50K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017