1237 Elder Ave #1
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 |
|---|---|---|---|
| Jan 18, 2026 | Listed by RE/MAX of Boulder, Inc | $569,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
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|
Excellent urban location and modern finishes meld with the character of an iconic building in this charming 2BR condo. The Historic Wolff house is perfect for an owner occupant or income property with unique 6' windows (and top-down blinds), 10' ceilings, sound mitigation, hardwood floors, wood stove, a private east-facing primary BR with walk-in closet, guest room or office, an updated kitchen and in-unit laundry. Lovely front porch with views, outdoor common area for gardening and gathering friends, one parking space, and a 5x7 storage area. Awesome location near the North Boulder Rec Center, Ideal Market, CU, the SKIP bus route, and Pearl St. Great HOA may be the most important feature with low fees and 80% owner occupied!
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| Oct 1, 2025 | Listed | $569,000 | |
| Listed | |||
| | |||
|
Excellent urban location and modern finishes meld with the character of an iconic building in this charming 2BR condo. The Historic Wolff house is perfect for an owner occupant or income property with unique 6' windows (and top-down blinds), 10' ceilings, sound mitigation, hardwood floors, wood stove, a private east-facing primary BR with walk-in closet, guest room or office, an updated kitchen and in-unit laundry. Lovely front porch with views, outdoor common area for gardening and gathering friends, one parking space, and a 5x7 storage area. Awesome location near the North Boulder Rec Center, Ideal Market, CU, the SKIP bus route, and Pearl St. Great HOA may be the most important feature with low fees and 80% owner occupied!
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| Jul 12, 2023 | No longer available | - | |
| No longer available | |||
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by Colorado Landmark, Realtors | $495,000 | |
| Listed by Colorado Landmark, Realtors | |||
| | |||
|
BEST VALUE in central Boulder! Charming 2 bedroom condo in the heart of Boulder perfect for owner occupant or income property! Historic character meets urban living. Rich hardwood floors in the main level and high ceilings bathe the unit in natural light. Lovely outdoor common space for gathering with friends. Don't miss your opportunity to own this charming unit in a notable building! One parking space and storage area included too. Just a stone's throw from Pearl Street too! LIVE BOLDER, LOVE BOULDER! The manager has listed the unit size as 785 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/16/2023
|
2 Bed
|
1 Bath
|
785 ft²
|
$495,000
2 Bed
1 Bath
785 ft²
|
-
-
|
Marybeth Emerson
Colorado Landmark-Boulder
| |
|
07/15/2021
|
1 Bed
|
1 Bath
|
390 ft²
|
$340,000
1 Bed
1 Bath
390 ft²
|
$355,000
+4.41%
08/09/2021
|
Drew Villa
Coldwell Banker Realty-Boulder
| |
|
11/08/2019
|
2 Bed
|
1 Bath
|
785 ft²
|
$550,000
2 Bed
1 Bath
785 ft²
|
-
-
|
-
| |
|
10/23/2018
|
1 Bed
|
1 Bath
|
390 ft²
|
$329,000
1 Bed
1 Bath
390 ft²
|
$319,000
-3.04%
12/07/2018
|
Joel Thompson
| |
|
04/06/2014
|
1 Bed
|
1 Bath
|
416 ft²
|
$167,700
1 Bed
1 Bath
416 ft²
|
$175,000
+4.35%
04/30/2014
|
Tammy Milano
RE/MAX Elevate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017