38
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1902 Grove St
About This Property
Projected gross rent of approximately $89,760/year based on two bedrooms at $1,990/month and two bedrooms at $1,750/month. At the current $1,249,000 price, this equals approximately a 7.2% gross yield. Estimated cap rate potential is approximately 4.7%-5.4%, depending on buyer's operating expense assumptions. Buyer to verify rental income, rental licensing, expenses, zoning, and all future-use potential.
This corner lot with a private fenced yard provides a secluded outdoor space, while the off-street parking accommodates your vehicle needs. Situated at the geographical center of Boulder, this home offers easy access to the city's diverse amenities and attractions.
Excellent opportunity for Sundance Film Festival!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | Price Decreased |
$1,199,000
↓ $16K
(1.3%) | |
| Price Decreased | |||
| Aug 21, 2026 | Price Decreased |
$1,215,000
↓ $15K
(1.2%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$1,230,000
↓ $19K
(1.5%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$1,249,000
↓ $26K
(2%) | |
| Price Decreased | |||
| Jul 6, 2026 | Price Decreased |
$1,275,000
↓ $50K
(3.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017