$750,000
●
Condo -
Off Market
1065 University Ave #104
Boulder, CO 80302
3 Beds
2 Baths,
1
Half Bath
992 Ft²
$761,321
RealtyHop Estimate
-1.00%
Since Sep 1, 2022
CO-Denver
Primary Model
About This Property
An absolute great Kiddie Condo/Investment opportunity. Current
lease ends July 31st, 2022 which allows ample time to fine tune
this gem in the rough before CU starts in the Fall. Other same size
units in the same building are pre-leased at $4050 per month with
tenants paying all utilities.
Unit Size
992 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$775
Property Type
Condo
Property Taxes
$252
HOA Dues
$280
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 (IRES MLS #962276)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by Cinema Realty | $769,000 | |
| Listed by Cinema Realty | |||
Property Highlights
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Bedrooms: 3
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Electric Range/Oven, Dishwasher, Refrigerator
Window Features: Window Coverings
Laundry Features: Common Area
Common walls with other units/homes: No One Below
Fireplace Features: None
Basement: None
Exterior Details
Has Property Attached
Square Footage: 992
Square Footage Source: Assessor
Property Condition: Not New, Previously Owned
Year Built: 1968
Above Grade Finished Area: 992Square Feet
Building Area Total: 992
Levels: Two
Building Area Units: Square Feet
Construction Materials: Brick/Brick Veneer
Roof: Composition, Rubber
Lot Size Area: 41731
Lot Size Units: Square Feet
Lot Size Acres: 0.96
Lot Size Square Feet: 41731
Water Source: City Water, Boulder
Financial Details
Tax Annual Amount: $3,019
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure
Association Name: University Townhouse Condo
HOA Fee: $280
HOA Fee Frequency: Monthly
Association Phone: 970-377-1626
Utilities Details
Heating Type: Baseboard, Zoned, Common Heat Source
Utilities for Property: Natural Gas Available, Electricity Available
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 |
|---|---|---|---|---|---|---|---|
|
05/20/2026
|
3 Bed
|
1 Bath
|
992 ft²
|
$795,000
3 Bed
1 Bath
992 ft²
|
-
-
|
Sally Heldman
Heldman Real Estate
| |
|
04/10/2026
|
3 Bed
|
1 Bath
|
992 ft²
|
$824,900
3 Bed
1 Bath
992 ft²
|
-
-
|
Kary Michael Ohan
Cinema Realty
| |
|
05/23/2025
|
3 Bed
|
1 Bath
|
992 ft²
|
$825,000
3 Bed
1 Bath
992 ft²
|
$793,000
-3.88%
07/18/2025
|
Shannon McGuire
Madison & Company Properties - Boulder
| |
|
03/18/2025
|
2 Bed
|
1 Bath
|
992 ft²
|
$699,900
2 Bed
1 Bath
992 ft²
|
$675,000
-3.56%
04/25/2025
|
Amy Alexander
Matrix Real Estate LLC
| |
|
10/21/2024
|
3 Bed
|
2 Bath
|
992 ft²
|
$849,900
3 Bed
2 Bath
992 ft²
|
$790,000
-7.05%
11/20/2024
|
Maria Wakefield
Pear Tree Property Management
| |
|
01/03/2024
|
2 Bed
|
2 Bath
|
992 ft²
|
$695,000
2 Bed
2 Bath
992 ft²
|
$678,000
-2.45%
02/09/2024
|
Gary Calderon
Accent Properties
| |
|
06/08/2022
|
2 Bed
|
2 Bath
|
992 ft²
|
$689,000
2 Bed
2 Bath
992 ft²
|
$689,000
08/19/2022
|
Kary Michael Ohan
Cinema Realty
| |
|
04/06/2022
|
3 Bed
|
2 Bath
|
992 ft²
|
$769,000
3 Bed
2 Bath
992 ft²
|
$750,000
-2.47%
08/05/2022
|
Kary Michael Ohan
Cinema Realty
| |
|
03/15/2021
|
1 Bed
|
2 Bath
|
992 ft²
|
$615,000
1 Bed
2 Bath
992 ft²
|
$602,000
-2.11%
05/25/2021
|
P Caldwell Sullivan
Four Star Rlty & Prop Mgmt
| |
|
08/29/2020
|
2 Bed
|
2 Bath
|
992 ft²
|
$600,000
2 Bed
2 Bath
992 ft²
|
$600,000
12/08/2020
|
Kary Michael Ohan
Cinema Realty
| |
|
04/02/2018
|
2 Bed
|
2 Bath
|
992 ft²
|
$465,000
2 Bed
2 Bath
992 ft²
|
$480,000
+3.23%
05/22/2018
|
Mark Holmes
Coldwell Banker Realty-Boulder
| |
|
04/19/2017
|
2 Bed
|
2 Bath
|
992 ft²
|
$475,000
2 Bed
2 Bath
992 ft²
|
$483,000
+1.68%
05/12/2017
|
Sara Wilhelm
Milehimodern
| |
|
03/01/2013
|
2 Bed
|
2 Bath
|
992 ft²
|
$325,000
2 Bed
2 Bath
992 ft²
|
$305,000
-6.15%
04/29/2013
|
Erik Boye
8z Real Estate
|
Building Info
About Central Boulder
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Listed by: Kary Michael Ohan, Cinema Realty
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 962276
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.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 962276
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