$435,000
●
Condo -
Off Market
8043 Lee Dr #2
Arvada, CO 80005
2 Beds
2 Baths
1,389 Ft²
$437,531
RealtyHop Estimate
-0.54%
Since Nov 1, 2023
CO-Denver
Primary Model
About This Property
STUNNING AND BEAUTIFULLY UPDATED 2 BEDROOM S BATHROOM CONDO!
PRIVATE OPEN SPACE FACING PATIO, SHORT DISTANCE TO TWO PONDS
WETLANDS PRESERVE, STANDLEY LAKE, SCHOOLS, LIBRARY, SHOPPING AND
MORE! TRUE ONE LEVEL LIVING! OPEN FLOOR CONCEPT WITH COZY
FIREPLACE! DETACHED ONE CAR GARAGE AND RESERVED PARKING SPACE AS
WELL! TRUE PRIDE OF OWNERSHIP THROUGHOUT! THIS ONE WILL NOT LAST,
COME SEE!
Unit Size
1,389 Ft²
Days on Market
-
Land Size
-
Price per sqft
$317
Property Type
Condo
Property Taxes
$242
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: 3 years ago (REcolorado MLS #9385463)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by MILEHIPROPERTY | $439,900 | |
| Listed by MILEHIPROPERTY | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Interior Features: Study Area, Walk-In Closet(s)
Appliances: Dishwasher, Refrigerator, Microwave, Disposal
Window Features: Double Pane Windows
Has Fireplace
Fireplace Features: Gas, Living Room, Single Fireplace
Exterior Details
Has Property Attached
Square Footage: 1389
Square Footage Source: Assessor
Security Features: Smoke Detector(s)
Property Condition: Not New, Previously Owned
Architectural Style: Contemporary/Modern, Ranch
Year Built: 2006
Above Grade Finished Area: 1389Square Feet
Building Area Total: 1389
Levels: One
Building Area Units: Square Feet
Construction Materials: Stone, Wood Siding
Patio and Porch Features: Patio
Roof: Composition
Foundation: Slab
Lot Features: Gutters, Abuts Public Open Space, Abuts Private Open Space
Lot Size Units: Square Feet
Water Source: City Water
Financial Details
Tax Annual Amount: $2,906
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Structure, Water/Sewer
Association Name: Rowcal
HOA Fee: $285
HOA Fee Frequency: Monthly
Association Phone: 651-233-1307
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Utilities for Property: Electricity Available, Cable Available
Sewer : City Sewer, Public Sewer
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: Bob Bell, MILEHIPROPERTY
Last Updated: 3 years ago
Data Source: REcolorado MLS, MLS# 9385463
© 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 years ago
Data Source: REcolorado MLS, MLS# 9385463
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