$171,885
●
Condo -
Off Market
1637 Pearl St #303
Boulder, CO 80302
1 Bed
1 Bath
813 Ft²
$228,417
RealtyHop Estimate
32.89%
Since Jul 1, 2020
CO-Denver
Primary Model
About This Property
*Application Closed, UC with Multiple Backup Offers* This
permanently affordable home is available to qualified applicants.
Application deadline: 5/11, 5pm (those who are not yet registered
with Boulder Affordable Housing Program). Those that are already
certified with the program have until 5/31 to enter. The selection
date for this home: 6/1. Live in downtown Boulder on Pearl Street
and walk to everything! This 814 SF 1 bedroom/1 bath condo is on
the 3rd floor of a mixed-use, secure building with an elevator.
Beautiful, modern white interior and high exposed ceilings. Huge
private, walk-in storage unit in the building on the first floor.
Assigned, uncovered parking space behind the building. Bike parking
inside the building's heated garage. Views from the condo are to
the exterior 3rd floor walkway and onto the unit's small patio/wall
of the next building over - no mountain views.
Unit Size
813 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$211
Property Type
Condo
Property Taxes
$85
HOA Dues
$282
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 #910905)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2020 | Sold | ||
| Sold | |||
| May 4, 2020 | Listed by Compass - Boulder | $171,885 | |
| Listed by Compass - Boulder | |||
| May 26, 2005 | Listed | $131,000 | |
| Listed | |||
| | |||
|
One bedroom in exclusive Pearl St Cove. Permanently Affordable Unit. Call City's Housing Dept at 303-441-3157 to discuss requirements. Co-listed. Private Showings, Only.
| |||
Property Highlights
Elevator
Interior Details
Bedrooms: 1
Interior Features: Open Floorplan
Appliances: Gas Range/Oven, Dishwasher
Window Features: Double Pane Windows
Laundry Features: Washer/Dryer Hookups
Basement: None
Exterior Details
Has Property Attached
Square Footage: 813
Square Footage Source: Assessor
Security Features: Fire Sprinklers, Fire Alarm
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 2005
Above Grade Finished Area: 813Square Feet
Building Area Total: 813
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood/Frame
Roof: Wood
Lot Features: Curbs, Gutters, Sidewalks
Lot Size Area: 13724
Lot Size Units: Square Feet
Lot Size Acres: 0.32
Lot Size Square Feet: 13724
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $1,019
HOA/Condo/Coop Fee Includes: No Association Fee
Association Name: BOOM Properties
HOA Fee: $282
HOA Fee Frequency: Monthly
Association Phone: 303-402-6900
Utilities Details
Heating Type: Forced Air
Utilities for Property: Natural Gas Available, 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 |
|---|---|---|---|---|---|---|---|
|
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
About Central Boulder
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Listed by: Catherine Burgess, Compass - Boulder
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 910905
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# 910905
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