$355,000
●
Condo -
Off Market
1237 Elder Ave #10
Boulder, CO 80304
1 Bed
1 Bath
390 Ft²
$367,884
RealtyHop Estimate
8.20%
Since Sep 1, 2021
CO-Denver
Primary Model
About This Property
Great opportunity to own a corner unit creekside condo only 6
blocks from downtown Pearl st. filled with flowers and a private
community garden. Dip your toes into the creek off of your patio
area in this two floor condo with great usability. The primary
bedroom has a large skylight that opens for a nice touch. Other
great upgrades include new floors, new fridge, new stove, new
paint, new dishwasher, new recessed lighting and wall usb ports,
new washer/dryer, new dishwasher, new sink, new insulation for
sound reduction and new 18000 BTU air conditioning system that
keeps the condo ice cold. This units electric was also upgraded for
a future hot tub installation by the creek. Also included is a new
full wall wardrobe and new high-end Samsung TV. The unit also
includes a large and secure storage unit. The Seller was in the
process of a full renovation but there are still a few things that
still need completion. Use your imagination to let the final
touches be yours! Call for details.
Unit Size
390 Ft²
Days on Market
-
Land Size
-
Price per sqft
$872
Property Type
Condo
Property Taxes
$143
HOA Dues
$300
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 #945962)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2021 | No longer available | - | |
| No longer available | |||
| Aug 9, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by Coldwell Banker Realty-Boulder | $340,000 | |
| Listed by Coldwell Banker Realty-Boulder | |||
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Dec 2, 2018 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
With View
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Window Features: Window Coverings, Double Pane Windows
Basement: None
Exterior Details
Has Property Attached
Square Footage: 390
Square Footage Source: Assessor
Security Features: Smoke Detector(s)
Property Condition: Not New, Previously Owned
Architectural Style: Victorian
Year Built: 1983
Above Grade Finished Area: 390Square Feet
Below Grade Finished Area: 390Square Feet
Building Area Total: 390
Levels: Two
Other Structures: Storage
Building Area Units: Square Feet
Construction Materials: Brick/Brick Veneer
Patio and Porch Features: Patio
Roof: Composition
Lot Features: Fire Hydrant within 500 Feet, Corner Lot
Lot Size Units: Square Feet
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $1,712
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Management, Water/Sewer, Electricity
Association Name: Wolf Housing Community
HOA Fee: $300
HOA Fee Frequency: Monthly
Association Phone: 303-665-0351
Utilities Details
Cooling Type: Room Air Conditioner
Heating Type: Baseboard
Utilities for Property: 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 |
|---|---|---|---|---|---|---|---|
|
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
About Central Boulder
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Listed by: Drew Villa, Coldwell Banker Realty-Boulder
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 945962
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# 945962
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