$1,000,000
●
Condo -
Off Market
1505 Pearl Street #201
Boulder, CO 80302
2 Beds
2 Baths
1,250 Ft²
$1,084,065
RealtyHop Estimate
-1.00%
Since Sep 1, 2022
CO-Denver
Primary Model
About This Property
Sophisticated elegance emerges from this second-floor residence
nestled in the heart of downtown Boulder. Boasting a south-facing
placement, generous natural light streams into an open and airy
floorplan through thoughtfully placed windows. Brazilian cherry
hardwood floors flow easily underfoot matched by light, neutral
wall color. An upscale kitchen is impressive w/ a Bosch dishwasher,
Viking gas range and Sub-Zero refrigerator. Eyes are drawn upwards
to tall ceilings and exposed ductwork emphasizing a sleek, urban
atmosphere. Sliding glass doors open to reveal a covered balcony
offering stunning views of the foothills. Enjoy relaxing and
entertaining in a spacious living room anchored by a fireplace.
Retreat to a primary suite featuring a spa-like bath w/ double
vanities and a large bathtub. Convenient amenities include an
elevator and underground, heated parking w/ a secure storage area.
Enjoy direct access to the Pearl Street Mall w/ unique shopping,
restaurants and entertainment.
Unit Size
1,250 Ft²
Days on Market
-
Land Size
-
Price per sqft
$876
Property Type
Condo
Property Taxes
$449
HOA Dues
$415
Year Built
-
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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 #RECIR964475)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2022 | Sold | ||
| Sold | |||
| May 3, 2022 | Listed by milehimodern - Boulder | $1,095,000 | |
| Listed by milehimodern - Boulder | |||
| Apr 4, 2018 | Listed | $875,000 | |
| Listed | |||
| | |||
|
Fabulous 2nd floor, south facing condo, perfectly located in the heart of Downtown Boulder. This 2 bedroom unit overlooks the Pearl Street Mall with views of the Flatirons. Brazilian cherry floors, high ceilings, living room fireplace, upscale kitchen with stainless steel appliances (Bosch/Viking/Sub-Zero). Elevator building, underground heated parking and a large, secure storage area in the garage. Clean modern finishes. Lock and leave. Downtown Boulder living at it's best.
| |||
| Aug 12, 2008 | Listed | $850,000 | |
| Listed | |||
| | |||
|
This is it! The place in downtown Boulder to enjoy the optimum urban lifestyle. Stylish contemporary finishes including Brazilian cherry wood floors, slab surfaces, state of the art Bosch, Wolf & Sub-Zero stainless steel appliances & Kohler fixtures. This easy to live in floor plan is open and flexible. 1 BDRM + Study w/ 2 baths, convenient underground parking & extra storage. You will love the tall south facing windows & generous terrace overlooking Pearl St. Also for lease at $2400/Month.
| |||
| Jul 14, 2006 | Listed | $789,000 | |
| Listed | |||
| | |||
|
Where the mall ends & hip East Pearl begins, a new mixed use building. Elevator-security building with underground parking. Finishes of hardwood floors, slab stone surfaces & Bosch, Viking & Sub-Zero stainless appliances. Unit #201 overlooks East Pearl with upscale modern interior. Open floor plan makes for roomy 1 bedroom + study or two bedroom.
| |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
With View
Parking Details
Total Number of Parking: 1
Parking Features: Heated Garage, Underground
Interior Details
Full Bathrooms: 1
Interior Features: Kitchen Island, Open Floorplan, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Flooring Type: Wood
Fireplace Features: Gas, Living Room
Basement: None
Exterior Details
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2007
Levels: One
Building Area Total: 1250
Construction Methods: Brick
Roof: Membrane
Exterior Features: Balcony
Water Source: Public
Financial Details
Tax Year: 2021
Tax Annual Amount: $5,388
Utilities Details
Cooling: Central Air
Heating: Forced Air
Sewer : Public Sewer
Location Details
County or Parish: Boulder
Other Details
Association Fee Includes: Reserves, Heat, Insurance, Maintenance Structure, Snow Removal, Trash, Water
Association Fee: $415
Association Fee Freq: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
01/27/2025
|
3 Bed
|
3 Bath
|
2415 ft²
|
$2,850,000
3 Bed
3 Bath
2415 ft²
|
$2,960,000
+3.86%
02/11/2025
|
Jay Hebb
The Agency - Boulder
| |
|
01/09/2025
|
2 Bed
|
1 Bath
|
1205 ft²
|
$800,000
2 Bed
1 Bath
1205 ft²
|
$800,000
05/16/2025
|
Brandon Del Campo
milehimodern - Boulder
| |
|
11/06/2024
|
2 Bed
|
1 Bath
|
1466 ft²
|
$1,035,000
2 Bed
1 Bath
1466 ft²
|
-
-
|
Robin Sanders
8z Real Estate
| |
|
03/06/2024
|
2 Bed
|
1 Bath
|
1466 ft²
|
$1,180,000
2 Bed
1 Bath
1466 ft²
|
-
-
|
Robin Sanders
8z Real Estate
| |
|
02/29/2024
|
2 Bed
|
1 Bath
|
1253 ft²
|
$925,000
2 Bed
1 Bath
1253 ft²
|
$810,000
-12.43%
12/06/2024
|
Robyn Neven
Tallent Co. Real Estate
| |
|
02/02/2024
|
2 Bed
|
1 Bath
|
1252 ft²
|
$975,000
2 Bed
1 Bath
1252 ft²
|
$900,000
-7.69%
07/11/2024
|
Robyn Neven
Tallent Co. Real Estate
| |
|
05/25/2023
|
1 Bed
|
2 Bath
|
965 ft²
|
$795,000
1 Bed
2 Bath
965 ft²
|
$795,000
07/10/2023
|
Zachary Zeldner
Compass - Boulder
| |
|
11/03/2022
|
1 Bed
|
1 Bath
|
859 ft²
|
$750,000
1 Bed
1 Bath
859 ft²
|
$751,000
+0.13%
12/02/2022
|
Brigette Modglin
Kentwood Real Estate City Properties
| |
|
10/18/2022
|
2 Bed
|
2 Bath
|
1205 ft²
|
$975,000
2 Bed
2 Bath
1205 ft²
|
$915,000
-6.15%
12/12/2022
|
Stephen Guertler
Coldwell Banker Realty 14
| |
|
08/14/2022
|
2 Bed
|
1 Bath
|
1252 ft²
|
$950,000
2 Bed
1 Bath
1252 ft²
|
$950,000
11/04/2022
|
BoulderHomeSource BoulderHomeSource
RE/MAX Alliance-Boulder
| |
|
05/03/2022
|
2 Bed
|
2 Bath
|
1250 ft²
|
$1,095,000
2 Bed
2 Bath
1250 ft²
|
$1,000,000
-8.68%
08/15/2022
|
R Tim Goodacre
milehimodern - Boulder
| |
|
08/18/2021
|
2 Bed
|
1 Bath
|
1277 ft²
|
$995,000
2 Bed
1 Bath
1277 ft²
|
$1,000,000
+0.50%
11/02/2021
|
John McElveen
milehimodern - Boulder
| |
|
04/01/2021
|
2 Bed
|
2 Bath
|
1468 ft²
|
$1,030,000
2 Bed
2 Bath
1468 ft²
|
$979,000
-4.95%
05/20/2021
|
Lance Smith
Sellstate ACE Realty
| |
|
03/01/2021
| |
3 Bed
|
3 Bath
|
2415 ft²
|
$2,200,000
3 Bed
3 Bath
2415 ft²
|
$2,050,000
-6.82%
06/21/2021
|
Angela Moss
8z Real Estate
|
|
03/01/2021
|
3 Bed
|
3 Bath
|
2415 ft²
|
$2,250,000
3 Bed
3 Bath
2415 ft²
|
-
-
|
-
| |
|
03/28/2018
|
2 Bed
|
1 Bath
|
1253 ft²
|
$849,000
2 Bed
1 Bath
1253 ft²
|
$839,000
-1.18%
03/26/2019
|
Matthew Kuntz
PMG Realty
| |
|
02/14/2018
|
2 Bed
|
2 Bath
|
1468 ft²
|
$865,000
2 Bed
2 Bath
1468 ft²
|
$867,000
+0.23%
04/12/2018
|
Michael Rebich
Michael Rebich & Co. LLC
| |
|
10/04/2016
|
2 Bed
|
1 Bath
|
1290 ft²
|
$825,000
2 Bed
1 Bath
1290 ft²
|
$800,000
-3.03%
12/08/2016
|
Marcia Cotlar
8z Real Estate
| |
|
02/05/2016
|
2 Bed
|
2 Bath
|
1832 ft²
|
$1,589,000
2 Bed
2 Bath
1832 ft²
|
$1,500,000
-5.60%
01/20/2017
|
Julie Meko
Compass - Boulder
| |
|
03/24/2015
|
2 Bed
|
1 Bath
|
1252 ft²
|
$769,000
2 Bed
1 Bath
1252 ft²
|
$750,000
-2.47%
04/29/2015
|
Dunbar Hardy
Porchlight RE Group-Boulder
| |
|
10/31/2014
|
2 Bed
|
1 Bath
|
1290 ft²
|
$699,900
2 Bed
1 Bath
1290 ft²
|
$699,900
03/19/2015
|
John McElveen
milehimodern - Boulder
| |
|
05/22/2013
|
2 Bed
|
3 Bath
|
2415 ft²
|
$1,495,000
2 Bed
3 Bath
2415 ft²
|
$1,475,000
-1.34%
06/13/2013
|
John McElveen
milehimodern - Boulder
| |
|
01/10/2013
|
1 Bed
|
1 Bath
|
1021 ft²
|
$674,000
1 Bed
1 Bath
1021 ft²
|
$640,000
-5.04%
05/31/2013
|
Durango Steele
Durango Steele Ltd.
|
Building Info
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