4580 Broadway St #228
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Aug 29, 2024 | Listed by Compass - Boulder | $248,278 | |
| Listed by Compass - Boulder | |||
| Feb 1, 2023 | Sold | ||
| Sold | |||
| Jan 31, 2023 | Listed by Sold Entered for Comps Only | $226,927 | |
| Listed by Sold Entered for Comps Only | |||
| | |||
| Nov 10, 2022 | Listed by Compass - Boulder | $226,927 | |
| Listed by Compass - Boulder | |||
| | |||
|
Fantastic opportunity through the City of Boulder's Permanently Affordable Housing Program. Go to https://bouldercolorado.gov/homeownership/permanently-affordable-homes-program for more info or to get approved. Incredible 2 story condo with soaring ceilings, outstanding natural light at west facing views for enjoying glorious sunsets. The main floor boasts a modern kitchen, dining and living room set on wood floors with a cozy gas fireplace...all in an open concept along with a bedroom and full bathroom. Upstairs you'll find a charming loft and primary bedroom with attached full bath. A one car garage allows for plenty of storage! The lottery for this home ends on December 14th and the decision will be made by the city of Boulder as to who the winner is on the 15th.
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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