2610 Iris Ave #107
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.
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 |
|---|---|---|---|
| Jun 20, 2024 | Listed | $350,000 | |
| Listed | |||
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Welcome to the most turn-key opportunity in Boulder. Smack dab in the heart of the city, this gem is a mere 10 minutes from campus, less than 10 minutes to downtown and Pearl St., and just minutes away from endless trails and roads for hiking and biking. This is your ground-floor utopia with a seamless living floor plan.
This clean, 1 bed/1 bath condo offers effortless living for anyone needing a prime, centrally located address. The efficient kitchen (plus new dishwasher), spacious bedroom with a large window and ample closet system, and a new A/C unit make this property a no-brainer. It's a prime investment for building equity while attending CU and offers long-term rental potential. Location, location, location - situated next to Boulder Bus routes and walkable to everything: grocery stores, restaurants, coffee shops, and breweries.
The complex boasts mature landscaping, grassy areas, and a reserved, dedicated parking space in the garage conveniently located by the stairs to the unit. Furnishings are negotiable, making this a truly move-in-ready option.
HOA management covers water, snow removal, trash, recycling, sewer, and heat. Dogs and cats are welcome, a rare find in condo complexes. Access to the parking garage, outdoor bike rack, and mailbox are all out the front door. The HOA allows long-term rentals, with City of Boulder rental requirements applying. The seller has a successful track record of renting the unit for 30+ day durations. Buyer to verify to their satisfaction.
This is the ideal condo to take advantage of all that Boulder offers. It won't last long!
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| Feb 18, 2021 | Sold | ||
| Sold | |||
| Jan 30, 2021 | Listed by MB Key Realty Partners LLC | $299,900 | |
| Listed by MB Key Realty Partners LLC | |||
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Immaculate corner unit in a very desirable North Boulder location! This contemporary 1 bedroom, 1 bathroom condo has plenty of natural light, high ceilings and features an open floor plan with laminate hardwood flooring throughout, stainless steel kitchen appliances, and an in-unit stackable washer and dryer. The bedroom is generously sized and has a large walk-in closet. Parking is in an underground garage with reserved space #11. Enjoy at short walk or bike to CU or downtown, near bus and bike path, a dog park and city park, along with shopping and trails! This South facing courtyard condo is available for a quick closing and is Boulder Smart Regs compliant and also the winner of the Governor's Smart Growth and Development Award.
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| Jan 30, 2009 | Listed | $179,995 | |
| Listed | |||
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You must see this great condo in a very desirable Boulder location!Contemporary, custom paint, all appliances stay, including new stainless fridge, open floor plan, walk or bike to downtown, near bus and bike path, south facing and overlooking the courtyard, heated underground garage parking, 9' ceilings,walk-in closet,room AC,lots of light,with quick closing and possession possible.10 minute bike ride to CU. Winner of the Governor's Smart Growth and Development Award.Prior day notice to show.
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| Jul 11, 2008 | Listed | $186,000 | |
| Listed | |||
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|
You must see this great condo in a very desirable Boulder location! Contemporary, custom paint, all appliances stay, open floor plan, walk or bike to downtown, near bus and bike path, overlooking the courtyard, heated underground garage parking, 9' ceilings, walk-in closet, room AC, lots of light, with quick closing and possession possible. 10 minute bike ride to CU. Winner of the Governor's Smart Growth and Development Award.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/11/2024
|
1 Bed
|
1 Bath
|
821 ft²
|
$410,000
1 Bed
1 Bath
821 ft²
|
$360,000
-12.20%
11/21/2024
|
Cindy Munoz
Redfin Corporation
| |
|
06/25/2024
|
2 Bed
|
1 Bath
|
926 ft²
|
$162,441
2 Bed
1 Bath
926 ft²
|
$162,441
08/29/2024
|
Janet Thompson
Thompson Daviau Realty
| |
|
11/02/2023
|
1 Bed
|
1 Bath
|
608 ft²
|
$132,938
1 Bed
1 Bath
608 ft²
|
$132,938
01/05/2024
|
Elizabeth Davis
eXp Realty, LLC
| |
|
04/17/2021
|
2 Bed
|
1 Bath
|
900 ft²
|
$164,185
2 Bed
1 Bath
900 ft²
|
$164,185
06/17/2021
|
Patty Whittington
Compass - Denver
| |
|
01/30/2021
|
1 Bed
|
1 Bath
|
627 ft²
|
$299,900
1 Bed
1 Bath
627 ft²
|
$305,000
+1.70%
02/18/2021
|
Regina Moore
Key Realty Partners Llc
| |
|
08/26/2020
|
2 Bed
|
1 Bath
|
926 ft²
|
$160,475
2 Bed
1 Bath
926 ft²
|
$160,475
11/12/2020
|
Sara Groem
Open Real Estate Inc.
| |
|
04/21/2020
|
1 Bed
|
1 Bath
|
627 ft²
|
$310,000
1 Bed
1 Bath
627 ft²
|
$311,000
+0.32%
06/11/2020
|
Amy McKellar
Keller Williams-Preferred Rlty
| |
|
11/03/2017
|
1 Bed
|
1 Bath
|
627 ft²
|
$118,779
1 Bed
1 Bath
627 ft²
|
$118,779
01/17/2018
|
Leslie Herz
Coldwell Banker Realty-Boulder
| |
|
05/17/2017
|
2 Bed
|
1 Bath
|
900 ft²
|
$145,896
2 Bed
1 Bath
900 ft²
|
$145,896
08/04/2017
|
The Wise Team
Keller Williams 1st Realty
| |
|
06/25/2015
|
1 Bed
|
1 Bath
|
821 ft²
|
$299,000
1 Bed
1 Bath
821 ft²
|
$301,000
+0.67%
08/03/2015
|
Monica VanMatre
Heirloom Real Estate Group
| |
|
12/02/2014
|
1 Bed
|
1 Bath
|
627 ft²
|
$104,202
1 Bed
1 Bath
627 ft²
|
$104,202
04/16/2015
|
Debra E Hensen
Debra E Hensen Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017