41
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$417,500
●
Condo -
Off Market
8043 Lee Dr #104
Arvada, CO 80005
2 Beds
2 Baths
1,157 Ft²
$2,454
Est. Monthly
$240
HOA / Fees
3.25%
Cap Rate
About This Property
2-Bedroom, 2-Bathroom Condo in Desirable Location!
Welcome to single-level living at its finest! This well-maintained condo offers an open floor plan with a warm fireplace-ideal for comfortable everyday living and entertaining.Situated in a sought-after neighborhood with excellent walkability and proximity to nature-enjoy outdoor recreation steps away while staying close to daily conveniences.
Key Features:
* Private patio
* Detached one-car garage plus reserved parking
* Walkable to Standley Lake, wetlands preserve, and nearby ponds
* Convenient access to top-rated schools, library, and shopping
* One-level design-perfect for accessibility and ease of living
* Move-in ready with excellent attention to detail throughout
NOTE: HOA allows for owner occupants only due to rental cap, no investors**
ENJOY THE SHOWING!
Welcome to single-level living at its finest! This well-maintained condo offers an open floor plan with a warm fireplace-ideal for comfortable everyday living and entertaining.Situated in a sought-after neighborhood with excellent walkability and proximity to nature-enjoy outdoor recreation steps away while staying close to daily conveniences.
Key Features:
* Private patio
* Detached one-car garage plus reserved parking
* Walkable to Standley Lake, wetlands preserve, and nearby ponds
* Convenient access to top-rated schools, library, and shopping
* One-level design-perfect for accessibility and ease of living
* Move-in ready with excellent attention to detail throughout
NOTE: HOA allows for owner occupants only due to rental cap, no investors**
ENJOY THE SHOWING!
Unit Size
1,157 Ft²
Days on Market
-
Land Size
-
Price per sqft
$354
Property Type
Condo
Property Taxes
$200
HOA Dues
$240
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: 3 months ago (REcolorado MLS #IRE7621948)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Listed | $410,000 | |
| Listed | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Open Floorplan
Appliances: Dishwasher, Refrigerator, Washer, Microwave, Disposal
Has Fireplace
Fireplace Features: Gas, Gas Log, Living Room, One
Exterior Details
Has Property Attached
Square Footage: 1157
Square Footage Source: $0
Year Built: 2006
Levels: One
Construction Materials: Wood Siding, Concrete, Moss Rock
Patio and Porch Features: Patio
Lot Features: Paved, Abuts Public Open Space, Abuts Private Open Space
Financial Details
Tax Annual Amount: $2,400
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Water, Insurance, Sewer, Exterior Maintenance
HOA Fee: $240
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: Pam Bent,
Last Updated: 3 months ago
Data Source: REcolorado MLS, MLS# IRE7621948
© 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: 3 months ago
Data Source: REcolorado MLS, MLS# IRE7621948
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