1637 Pearl St #301
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%.
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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 |
|---|---|---|---|
| Nov 11, 2016 | Sold | ||
| Sold | |||
| Aug 5, 2016 | Listed by milehimodern - Boulder | $995,000 | |
| Listed by milehimodern - Boulder | |||
| May 23, 2008 | Listed | $819,000 | |
| Listed | |||
| | |||
|
Downtown Pearl Street Top Floor loft-like condo w/fabulous Flatiron/Foothill views. 2 br, 2ba w/500 sq ft south facing patio/deck. Reclaimed oak floors & open ceiling w/exposed ductwork. Halogen lighting, cherry cabinets & GE Profile stainless appliances. Private & quiet location right on Pearl St in mixed-use building w/just 5 residential units. Secured building w/elevator access & 1 underground prking space.
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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 |
|---|---|---|---|---|---|---|---|
|
04/02/2024
|
2 Bed
|
2 Bath
|
1154 ft²
|
$965,000
2 Bed
2 Bath
1154 ft²
|
$949,500
-1.61%
05/07/2024
|
Jill Grano
milehimodern - Boulder
| |
|
03/08/2024
|
Loft
|
-
|
-
|
$706,325
Loft
-
|
-
-
|
Michael-Ryan McCarty
Gibbons-White, Inc.
| |
|
05/04/2020
|
1 Bed
|
1 Bath
|
813 ft²
|
$171,885
1 Bed
1 Bath
813 ft²
|
$171,885
06/30/2020
|
Catherine Burgess
Compass - Boulder
| |
|
05/09/2019
|
2 Bed
|
2 Bath
|
1191 ft²
|
$1,075,000
2 Bed
2 Bath
1191 ft²
|
$945,000
-12.09%
08/23/2019
|
John Hoeffler
| |
|
08/05/2016
|
2 Bed
|
2 Bath
|
1280 ft²
|
$995,000
2 Bed
2 Bath
1280 ft²
|
$985,000
-1.01%
11/11/2016
|
John McElveen
RE/MAX of Boulder
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017