$295,000
●
Condo -
Off Market
2301 Pearl St #71
Boulder, CO 80302
1 Bed
1 Bath
454 Ft²
$1,556
Est. Monthly
$100
HOA / Fees
4.61%
Cap Rate
About This Property
New condo opportunity at Whittier Place located on the hot East End
of Pearl Street. Whittier Place was destroyed by a fire in 2021 and
has been completely scraped in order to make way for brand new
condos. Construction of the foundation begins July 2024 with
framing scheduled to start in January 2025 and project completion
expected in April 2026. Cash buyers only. The buyer will have to
pay HOA special assessments as construction proceeds, but will have
the opportunity to pick the finishes as part of the process. The
finished product will be unparalleled in downtown Boulder. No where
else in Boulder can you purchase a brand new one bedroom condo
steps away from restaurants, cafes, shops and the Pearl St Mall.
This unit will be located towards the east end of the complex on
the north side of the building. The previous unit had views of Mt
Sanitas, so hopefully this unit will have the same.
Unit Size
454 Ft²
Days on Market
-
Land Size
-
Price per sqft
$650
Property Type
Condo
Property Taxes
$7
HOA Dues
$100
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 #1012333)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by RE/MAX of Boulder, Inc | $295,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
Property Highlights
Elevator
Garage
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Laundry Features: Washer/Dryer Hookups, Main Level
Common walls with other units/homes: No One Below
Basement: None
Exterior Details
Has Property Attached
Square Footage: 454
Square Footage Source: Assessor
Property Condition: Under Construction
Architectural Style: Contemporary/Modern, Ranch
Year Built: 2024
Above Grade Finished Area: 454Square Feet
Building Area Total: 454
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood/Frame
Roof: Other
Lot Size Units: Square Feet
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $86
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Management, Maintenance Structure, Water/Sewer, Hazard Insurance
Association Name: Whittier Place
HOA Fee: $100
HOA Fee Frequency: Monthly
Utilities Details
Heating Type: Forced Air
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 |
|---|---|---|---|---|---|---|---|
|
06/17/2024
|
1 Bed
|
1 Bath
|
454 ft²
|
$295,000
1 Bed
1 Bath
454 ft²
|
$295,000
08/23/2024
|
Rich Gribbon
RE/MAX of Boulder
| |
|
09/20/2023
|
1 Bed
|
1 Bath
|
406 ft²
|
$229,000
1 Bed
1 Bath
406 ft²
|
$302,000
+31.88%
11/28/2023
|
Christina Good
LoKation Real Estate
| |
|
08/05/2021
|
1 Bed
|
1 Bath
|
427 ft²
|
$345,000
1 Bed
1 Bath
427 ft²
|
$340,000
-1.45%
09/20/2021
|
Carroll McCorkle
RE/MAX of Boulder, Inc
| |
|
05/08/2020
|
1 Bed
|
1 Bath
|
427 ft²
|
$347,000
1 Bed
1 Bath
427 ft²
|
$341,000
-1.73%
01/04/2021
|
Marybeth Emerson
| |
|
05/16/2020
|
1 Bed
|
1 Bath
|
427 ft²
|
$350,000
1 Bed
1 Bath
427 ft²
|
$337,900
-3.46%
12/14/2020
|
Carole Kaye
| |
|
06/10/2020
|
1 Bed
|
1 Bath
|
427 ft²
|
$340,000
1 Bed
1 Bath
427 ft²
|
$332,500
-2.21%
07/13/2020
|
Martin Mata
Redfin Corporation
| |
|
03/10/2020
|
1 Bed
|
1 Bath
|
427 ft²
|
$345,000
1 Bed
1 Bath
427 ft²
|
$345,000
06/15/2020
|
Daphne Queen
| |
|
07/27/2018
|
1 Bed
|
1 Bath
|
427 ft²
|
$340,000
1 Bed
1 Bath
427 ft²
|
$327,600
-3.65%
09/14/2018
|
Angela Rossi
Rossi Realty
| |
|
05/16/2018
|
1 Bed
|
1 Bath
|
427 ft²
|
$314,900
1 Bed
1 Bath
427 ft²
|
$317,000
+0.67%
06/21/2018
|
Martin Mata
Redfin Corporation
| |
|
10/20/2016
|
1 Bed
|
1 Bath
|
475 ft²
|
$264,500
1 Bed
1 Bath
475 ft²
|
$264,500
12/08/2016
|
Jeff Hebeler
Live West Realty
| |
|
11/07/2015
|
1 Bed
|
1 Bath
|
507 ft²
|
$111,080
1 Bed
1 Bath
507 ft²
|
$111,080
03/02/2016
|
David Pickett
David A Pickett
| |
|
08/22/2015
|
1 Bed
|
1 Bath
|
427 ft²
|
$225,000
1 Bed
1 Bath
427 ft²
|
$230,000
+2.22%
10/02/2015
|
Stephanie Iannone
Housing Helpers of Colorado
| |
|
09/12/2014
|
1 Bed
|
1 Bath
|
454 ft²
|
$165,000
1 Bed
1 Bath
454 ft²
|
$160,000
-3.03%
11/03/2014
|
Charlie Matzen
Kingdom Real Estate Services
| |
|
06/21/2014
|
1 Bed
|
1 Bath
|
427 ft²
|
$184,900
1 Bed
1 Bath
427 ft²
|
$182,000
-1.57%
09/05/2014
|
Robert Quinlan
Property Ventures
| |
|
04/12/2014
|
1 Bed
|
1 Bath
|
427 ft²
|
$175,000
1 Bed
1 Bath
427 ft²
|
$171,000
-2.29%
06/03/2014
|
Mia Borderie
Equity Colorado-Front Range
| |
|
11/22/2013
|
1 Bed
|
1 Bath
|
427 ft²
|
$154,500
1 Bed
1 Bath
427 ft²
|
$154,500
01/03/2014
|
Dunbar Hardy
Porchlight RE Group-Boulder
| |
|
05/15/2013
|
1 Bed
|
1 Bath
|
454 ft²
|
$149,000
1 Bed
1 Bath
454 ft²
|
$145,000
-2.68%
05/31/2013
|
Charlie Matzen
WK Real Estate
| |
|
03/23/2013
|
1 Bed
|
1 Bath
|
540 ft²
|
$167,000
1 Bed
1 Bath
540 ft²
|
$161,000
-3.59%
05/09/2013
|
Carrie Hill
Rocky Mountain RE Inc
| |
|
07/19/2012
|
1 Bed
|
1 Bath
|
427 ft²
|
$149,900
1 Bed
1 Bath
427 ft²
|
$143,000
-4.60%
08/20/2012
|
Dylan Lario
Coldwell Banker Realty 56
| |
|
03/19/2012
|
1 Bed
|
1 Bath
|
454 ft²
|
$134,900
1 Bed
1 Bath
454 ft²
|
$130,000
-3.63%
06/01/2012
|
Rich Dana
Live West Realty
| |
|
03/15/2012
|
1 Bed
|
1 Bath
|
427 ft²
|
$143,900
1 Bed
1 Bath
427 ft²
|
$143,000
-0.63%
09/28/2012
|
Paul Dart
RE/MAX of Boulder
| |
|
01/27/2012
|
1 Bed
|
1 Bath
|
427 ft²
|
$157,500
1 Bed
1 Bath
427 ft²
|
$157,500
07/16/2012
|
Jeff Feenstra
North Boulder Real Estate & PM
| |
|
07/28/2011
|
1 Bed
|
1 Bath
|
427 ft²
|
$139,900
1 Bed
1 Bath
427 ft²
|
$130,000
-7.08%
03/23/2012
|
Terri Taydus
WK Real Estate
| |
|
06/02/2011
|
1 Bed
|
1 Bath
|
427 ft²
|
$159,000
1 Bed
1 Bath
427 ft²
|
$155,000
-2.52%
08/15/2011
|
Jared English
Congress Realty
|
Building Info
About Central Boulder
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Listed by: Rich Gribbon, RE/MAX of Boulder, Inc
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1012333
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# 1012333
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