4580 Broadway St #224
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 12, 2024 | Listed | $815,000 | |
| Listed | |||
| | |||
|
Stunning NOBO Condo with west facing panoramic mountain views! This updated 2 bedroom, 2 bathroom + loft condo is remodeled and proven to be a solid investment. Featuring a large open floor plan, vaulted ceilings, & a spacious loft for additional living space. Secure building with added storage space and detached 1 car garage. Enjoy the active neighborhood from your expansive private balcony. Fantastic location next to great restaurants, coffee shops, bakeries, new NOBO Library, trails and more. Lease in place until July 2025. Owners have had 100% tenancy rate since ownership.
| |||
| Jun 9, 2017 | Sold | ||
| Sold | |||
| Apr 10, 2017 | Listed by Porchlight RE Group-Boulder | $675,000 | |
| Listed by Porchlight RE Group-Boulder | |||
| Dec 7, 2012 | Sold | ||
| Sold | |||
| Oct 19, 2012 | Listed by RE/MAX of Boulder, Inc | $400,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| | |||
|
This fantastic loft is located in the heart of North Boulder just steps from restaurants, coffee shops, trails, the bus line and more. The home features awesome 18' ceilings, an abundance of natural light, study/loft overlooking great room, granite slab on all counters, stainless appliances, slate flooring, bamboo flooring and security entrance w/ intercom. A huge west facing balcony w/ fantastic views and 1 car detached garage are extra added bonuses! For Comp Purposes: appraisal was $398,000.
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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 |
|---|---|---|---|---|---|---|---|
|
08/29/2024
|
2 Bed
|
2 Bath
|
1399 ft²
|
$248,278
2 Bed
2 Bath
1399 ft²
|
$248,278
10/31/2024
|
Christopher Sweeney
Compass - Boulder
| |
|
07/13/2023
|
1 Bed
|
1.5 Bath
|
1033 ft²
|
$186,037
1 Bed
1.5 Bath
1033 ft²
|
-
-
|
Lynne McDougal
WK Real Estate
| |
|
11/10/2022
|
2 Bed
|
2 Bath
|
1399 ft²
|
$226,927
2 Bed
2 Bath
1399 ft²
|
$226,927
02/01/2023
|
Brian Sundberg
Compass - Boulder
| |
|
06/16/2022
|
1 Bed
|
2 Bath
|
963 ft²
|
$595,000
1 Bed
2 Bath
963 ft²
|
$579,000
-2.69%
07/15/2022
|
Milford Brinkerhoff
Brinkerhoff Property Management and Real Estate
| |
|
12/14/2021
|
2 Bed
|
2 Bath
|
1434 ft²
|
$729,000
2 Bed
2 Bath
1434 ft²
|
$775,000
+6.31%
01/12/2022
|
Jon Hatch
Compass - Boulder
| |
|
03/01/2019
|
2 Bed
|
2 Bath
|
1432 ft²
|
$725,000
2 Bed
2 Bath
1432 ft²
|
-
-
|
-
| |
|
04/10/2017
|
2 Bed
|
2 Bath
|
1392 ft²
|
$675,000
2 Bed
2 Bath
1392 ft²
|
$655,000
-2.96%
06/09/2017
|
The Byrne Group
Compass - Boulder
| |
|
10/19/2012
|
2 Bed
|
2 Bath
|
1392 ft²
|
$400,000
2 Bed
2 Bath
1392 ft²
|
$385,000
-3.75%
12/07/2012
|
Karolyn Merrill
RE/MAX of Boulder
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017