$280,000
●
Condo -
Off Market
2244 Spruce St #B
Boulder, CO 80302
1 Bed
1 Bath
740 Ft²
$590,339
RealtyHop Estimate
112.35%
Since Feb 1, 2014
CO-Denver
Primary Model
About This Property
Walking distance to all that downtown Boulder has to offer, the
Pearl Street mall, restaurants & nightlife. Totally remodeled with
oak hardwood floors, custom colors & newer carpet. Slab granite
counters in kitchen with Cherry cabinets, stainless appliances &
glass tile backsplash. Bathroom also remodeled with tile floors,
granite counter & backsplash. Just gorgeous inside. Full size
stack-able clothes washer & dryer in unit. Two outdoor decks with
foothills views. On quiet interior courtyard.
Unit Size
740 Ft²
Days on Market
-
Land Size
-
Price per sqft
$376
Property Type
Condo
Property Taxes
$111
HOA Dues
$248
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 #724286)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2016 | Sold | ||
| Sold | |||
| Feb 3, 2014 | Sold | ||
| Sold | |||
| Dec 9, 2013 | Listed by RE/MAX of Boulder, Inc | $278,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| Jul 10, 2009 | Listed | $218,600 | |
| Listed | |||
| | |||
|
Great starter in a desirable downtown location!, Modestly updated, parquet flooring, wood burning fireplace, jacuzzi tub and sunny southern exposure. 2 private decks with upper enjoying a Mtn view. Includes stackable w/d, d/w, stove, microwave and frig. Great rental property hasn't ever had a vacancy. Reserved parking space #57 and storage, second floor unit makes it easy to conserves energy!
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Interior Features: Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan
Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Flooring Type: Wood Floors
Window Features: Window Coverings, Double Pane Windows
Laundry Features: Washer/Dryer Hookups, Upper Level
Has Fireplace
Fireplace Features: Living Room
Basement: None
Exterior Details
Has Property Attached
Square Footage: 740
Square Footage Source: Assessor
Security Features: Smoke Detector(s), Fire Sprinklers
Property Condition: Not New, Previously Owned
Architectural Style: Contemporary/Modern
Year Built: 1984
Above Grade Finished Area: 740Square Feet
Building Area Total: 740
Levels: Two
Building Area Units: Square Feet
Construction Materials: Wood Siding
Patio and Porch Features: Deck
Roof: Composition
Lot Size Area: 26
Lot Size Units: Square Feet
Lot Size Square Feet: 26
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $1,327
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Management, Maintenance Structure, Water/Sewer, Hazard Insurance
Association Name: Whittier Square
HOA Fee: $248
HOA Fee Frequency: Monthly
Association Phone: 303-444-7575
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Hot Water, Baseboard
Utilities for Property: Natural Gas Available, Electricity Available
Sewer : City Sewer
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 |
|---|---|---|---|---|---|---|---|
|
06/02/2016
|
2 Bed
|
2 Bath
|
1108 ft²
|
$554,300
2 Bed
2 Bath
1108 ft²
|
$554,300
06/02/2016
|
Amanda Salzman
Compass - Boulder
| |
|
08/26/2015
|
2 Bed
|
2 Bath
|
1108 ft²
|
$524,900
2 Bed
2 Bath
1108 ft²
|
$514,900
-1.91%
09/18/2015
|
Shelby Downs
8z Real Estate
| |
|
12/09/2013
|
1 Bed
|
1 Bath
|
740 ft²
|
$278,000
1 Bed
1 Bath
740 ft²
|
$280,000
+0.72%
02/03/2014
|
Mike Malec
RE/MAX of Boulder, Inc
|
Building Info
About Central Boulder
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Listed by: Mike Malec, RE/MAX of Boulder, Inc
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 724286
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# 724286
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