1850 22nd St #1
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by RE/MAX Alliance-Boulder | $1,075,000 | |
| Listed by RE/MAX Alliance-Boulder | |||
| | |||
|
Beautiful home in downtown Boulder, one block from Pearl Street. This 3 bedroom, 3 bath luxury end unit is an easy walk to the mall and all downtown Boulder has to offer, as well as Boulder's hiking and biking trails. It has mature trees and landscaping, and mountain views from the upper deck. Both decks face west and are perfect for morning coffee or a happy hour beverage and dinner. The living room is open with vaulted ceilings and a gas fireplace, and the kitchen has great outdoor light and has been beautifully re-done. The list of improvements in the last 5-6 years is extensive: Radiant floor heating, new flooring throughout, completely redone kitchen - counters, cabinets and appliances, redone primary bath, new mini-split AC system, new blinds, new composite deck, rails, and hand rails, and exterior paint. On top of that, all the really nice furnishings are being included in the sale. A carport space w/ guest spots are in the back. It is part of a small complex with its own well managed HOA.
| |||
| May 3, 2022 | Sold | ||
| Sold | |||
| Nov 25, 2019 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/03/2024
|
3 Bed
|
3 Bath
|
1533 ft²
|
$1,075,000
3 Bed
3 Bath
1533 ft²
|
$1,065,000
-0.93%
06/13/2024
|
BoulderHomeSource BoulderHomeSource
RE/MAX Alliance-Boulder
| |
|
04/23/2023
|
3 Bed
|
2 Bath
|
1608 ft²
|
$949,000
3 Bed
2 Bath
1608 ft²
|
$915,000
-3.58%
08/21/2023
|
Durango Steele
Durango Steele Ltd.
| |
|
09/05/2019
|
3 Bed
|
3 Bath
|
1533 ft²
|
$850,000
3 Bed
3 Bath
1533 ft²
|
$825,000
-2.94%
11/25/2019
|
Alexandra Danneberg
LIV Sotheby's International Realty
| |
|
06/13/2018
|
3 Bed
|
2 Bath
|
1487 ft²
|
$800,000
3 Bed
2 Bath
1487 ft²
|
$782,500
-2.19%
07/09/2018
|
Patrick Clowes
milehimodern - Boulder
| |
|
10/18/2016
|
2 Bed
|
1 Bath
|
858 ft²
|
$400,000
2 Bed
1 Bath
858 ft²
|
$400,000
10/19/2016
|
Durango Steele
Durango Steele Ltd.
| |
|
01/26/2015
|
3 Bed
|
2 Bath
|
1773 ft²
|
$549,500
3 Bed
2 Bath
1773 ft²
|
$562,500
+2.37%
02/17/2015
|
Bill Goodacre
milehimodern - Boulder
| |
|
07/18/2013
|
3 Bed
|
2 Bath
|
1533 ft²
|
$485,000
3 Bed
2 Bath
1533 ft²
|
$465,000
-4.12%
09/20/2013
|
Betzi Barrett
| |
|
05/04/2013
|
2 Bed
|
1 Bath
|
855 ft²
|
$258,995
2 Bed
1 Bath
855 ft²
|
$251,745
-2.80%
07/15/2013
|
Gregory W Smith
RE/MAX Alliance-Boulder
| |
|
11/21/2012
|
2 Bed
|
2 Bath
|
1617 ft²
|
$394,900
2 Bed
2 Bath
1617 ft²
|
$394,900
01/18/2013
|
Durango Steele
Durango Steele Ltd.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017