$575,000
●
Condo -
Off Market
550 Mohawk Drive #61
Boulder, CO 80303
2 Beds
2 Baths
1,109 Ft²
$545,102
RealtyHop Estimate
-5.20%
Since Jul 1, 2022
CO-Denver
Primary Model
About This Property
As a homeowner, you will have access to lifestyle amenities
including an outdoor pool, clubhouse & fitness center and Boulder's
nearby walking & biking trail system. Beyond the entryway is the
open-concept living and eat-in kitchen area, equipped with all
appliances, granite countertops and white kitchen cabinets. This
modern condo incorporates a primary bedroom with a private full
bath, and a 2nd bedroom which shares the additional 3/4 bathroom.
Just off the kitchen is a sizable laundry room/pantry. Enjoy the
views from the private & quiet balcony where you can relax year
round. The condo is move-in ready condition as it features
beautiful cork flooring, luxury vinyl and neutral paint colors.
Complex is in a great location, only minutes from Colorado
University, downtown and our beautiful Rocky Mountains!
Unit Size
1,109 Ft²
Days on Market
-
Land Size
-
Price per sqft
$518
Property Type
Condo
Property Taxes
$273
HOA Dues
$350
Year Built
-
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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 (REcolorado MLS #RECIR964301)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2022 | Sold | ||
| Sold | |||
| Apr 30, 2022 | Listed by RE/MAX Alliance-Longmont | $575,000 | |
| Listed by RE/MAX Alliance-Longmont | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 1
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen, Open Floorplan, Pantry, Smart Thermostat, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer
Flooring Type: Vinyl
Fireplace Features: Gas, Gas Log, Living Room
Fireplaces: 1
Basement: None
Exterior Details
Architectual Style: Contemporary
Property Type: Residential
Property Sub Type: Condominium
Year Built: 1998
Levels: Two
Building Area Total: 1109
Construction Methods: Brick, Concrete, Wood Frame
Roof: Composition
Exterior Features: Balcony
Lot Features: Level, Rolling Slope
Water Source: Public
Financial Details
Tax Year: 2021
Tax Annual Amount: $3,279
Utilities Details
Cooling: Central Air
Heating: Forced Air
Sewer : Public Sewer
Location Details
County or Parish: Boulder
Other Details
Association Fee Includes: Reserves, Heat, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water
Association Fee: $350
Association Fee Freq: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/30/2022
|
2 Bed
|
2 Bath
|
1109 ft²
|
$575,000
2 Bed
2 Bath
1109 ft²
|
$575,000
06/03/2022
|
Steven Noel
RE/MAX Alliance-Longmont
| |
|
02/10/2022
|
2 Bed
|
2 Bath
|
1109 ft²
|
$490,000
2 Bed
2 Bath
1109 ft²
|
$555,000
+13.27%
03/04/2022
|
CO-OP Non-IRES Agent
CO-OP Non-IRES
| |
|
06/03/2021
|
2 Bed
|
2 Bath
|
1109 ft²
|
$500,000
2 Bed
2 Bath
1109 ft²
|
$495,000
-1.00%
07/15/2021
|
Deborah Pixler
Coldwell Banker Realty-Boulder
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017