$435,000
●
House -
Off Market
8043 Lee Dr #1
Arvada, CO 80005
3 Beds
2 Baths
1,327 Ft²
$406,556
RealtyHop Estimate
-6.54%
Since Jun 1, 2022
CO-Denver
Primary Model
About This Property
Beautiful 3 bedroom, 2 bath condo backs up to open space with
mountain views! Spacious kitchen with cherry cabinets, plenty of
storage, pantry and new stainless steel appliances. Private
covered porch with storage unit and gate to walking path.
Laundry room located conveniently next to master bedroom.
Washer and dryer included. Master bedroom features large
walk-in closet and bathroom with spacious soaking tub. All bedrooms
have ceiling fans. AC/furnace and water heater replaced within last
two years. Close to trails, schools, restaurants, shopping
and more. This is a must see!
Unit Size
1,327 Ft²
Days on Market
26 days
Land Size
-
Price per sqft
$328
Property Type
House
Property Taxes
$137
HOA Dues
$285
Year Built
-
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Cap Rate Calculator
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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: 12 months ago (REcolorado MLS #2718174)
Price History
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen
Appliances: Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Laundry Features: Main Level
Has Fireplace
Fireplace Features: Living Room, Single Fireplace
Exterior Details
Has Property Attached
Square Footage: 1327
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 2006
Building Area Total: 1327
Levels: One
Window Features: Window Coverings, Double Pane Windows
Construction Materials: Stone, Composition Siding
Patio and Porch Features: Patio
Lot Size Units: Square Feet
Water Source: Other
Financial Details
Tax Annual Amount: $1,640
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Forced Air
Sewer : Other, Community
Location Details
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Structure, Water/Sewer, Hazard Insurance
HOA Fee: $285
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
05/06/2026
|
2 Bed
|
2 Bath
|
1157 ft²
|
$410,000
2 Bed
2 Bath
1157 ft²
|
$417,500
+1.83%
08/14/2026
|
Pam Bent
RE/MAX Professionals
| |
|
08/10/2023
|
2 Bed
|
2 Bath
|
1389 ft²
|
$439,900
2 Bed
2 Bath
1389 ft²
|
$435,000
-1.11%
10/03/2023
|
Bob Bell
MILEHIPROPERTY
| |
|
04/28/2022
|
3 Bed
|
2 Bath
|
1327 ft²
|
$435,000
3 Bed
2 Bath
1327 ft²
|
$435,250
+0.06%
07/27/2022
|
Christen Brown
HomeSmart
| |
|
03/24/2022
|
2 Bed
|
2 Bath
|
1157 ft²
|
$365,000
2 Bed
2 Bath
1157 ft²
|
$420,000
+15.07%
04/25/2022
|
Jennifer Briseno
|
Building Info
About Meadowglen
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Listed by: Christen Brown, HomeSmart
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 2718174
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 2718174
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