1069 11th St
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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Listed by Compass - Denver | $1,900,000 | |
| Listed by Compass - Denver | |||
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Welcome to 1069 11th St, one of Boulder's premier college rental properties on The University Hill! This beautiful 6 bedroom 3 bathroom home was thoughtfully remodeled to the studs in 2022. Upgrades include: plumbing system, electrical system, HVAC system (forced air heat, central A/C and a mini split system), tankless water heater, insulation, drywall, flooring, cabinets, quartz countertops, appliances, bathrooms.... Etc. Current rents are $11,000 per month, and the landlord is offering free property management through the end of the current leases in July of 2025! This is one of the most sought after locations for a college rental, walking distance to CU Boulder's campus, the bars and restaurants on The Hill, and hiking trails at Chautauqua! Don't miss your opportunity to own this turn-key, cash flowing investment property! Call today to schedule a showing.
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| Nov 15, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by Mapleton Management inc. | $1,150,000 | |
| Listed by Mapleton Management inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017