550 Mohawk Dr #70
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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | Listed by RE/MAX of Boulder, Inc | $412,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| | |||
|
This lovely condo feels like an escape from it all in the middle of many conveniences. Step inside and find a serene, quiet and lightly lived-in home overlooking a beautifully maintained greenbelt with mature deciduous and pine trees as well as lush gardens and grassy areas. Both the living area and primary bedroom have large sliding doors that open to the balcony inviting the outdoors in and allowing for fresh air to flow. The kitchen and bathroom feature updated quartz countertops and fresh tile backsplashes. The open living space has plenty of room to create a cozy gathering space around the gas fireplace and a separate dining area. Hunter Douglas window coverings, stunning light fixture and classy kitchen faucet add thoughtful touches that set this home apart. There is also a 2nd non-conforming bedroom or office with French doors. Storage is abundant, with two dedicated storage closets-one off the balcony and another in the covered garage, where you'll also find your reserved parking space. Additional community amenities include a pool, clubhouse with a small gym, ping pong/pool table, and gathering space.Located just steps from the Boulder Public Library Meadows Branch, you can walk to Safeway, numerous restaurants, and other conveniences, as well as the popular Flatirons Athletic Club and and the Admiral Arleigh A. Burke Park.It's also a quick bike ride to the University of Colorado and offers easy access to Highway 36 for a convenient commute to Denver.Long term renting is an option, and pets are allowed in owned units. This rarely used condo is in excellent condition and ready for a quick closing. Furniture is negotiable.
| |||
| Feb 22, 2021 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Sold | ||
| Sold | |||
| Jun 23, 2015 | Listed by milehimodern - Boulder | $285,000 | |
| Listed by milehimodern - Boulder | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/05/2025
|
2 Bed
|
1 Bath
|
945 ft²
|
$412,000
2 Bed
1 Bath
945 ft²
|
$405,000
-1.70%
09/15/2025
|
Dana Morton
RE/MAX of Boulder, Inc
| |
|
04/02/2025
|
2 Bed
|
1 Bath
|
1109 ft²
|
$560,000
2 Bed
1 Bath
1109 ft²
|
$535,000
-4.46%
06/13/2025
|
Barbara Pozzi
The Colorado Group
| |
|
06/21/2023
|
2 Bed
|
2 Bath
|
1109 ft²
|
$539,000
2 Bed
2 Bath
1109 ft²
|
$539,000
09/15/2023
|
Jamie Zimmerman
RE/MAX Alliance-Boulder
| |
|
05/30/2022
|
2 Bed
|
2 Bath
|
1109 ft²
|
$580,000
2 Bed
2 Bath
1109 ft²
|
$580,000
05/31/2022
|
Logan Schlutz
Estate Professionals
| |
|
04/30/2022
|
2 Bed
|
1 Bath
|
1109 ft²
|
$575,000
2 Bed
1 Bath
1109 ft²
|
$575,000
06/03/2022
|
Christopher Martinez
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
|
Jordan Terrell
Compass - Denver
| |
|
06/03/2021
|
2 Bed
|
1 Bath
|
1109 ft²
|
$500,000
2 Bed
1 Bath
1109 ft²
|
$495,000
-1.00%
07/19/2021
|
Deborah Pixler
Coldwell Banker Realty 14
| |
|
09/18/2020
|
2 Bed
|
1 Bath
|
1109 ft²
|
$465,000
2 Bed
1 Bath
1109 ft²
|
$455,000
-2.15%
10/27/2020
|
Christopher Mayer
| |
|
01/04/2017
|
2 Bed
|
2 Bath
|
1111 ft²
|
$459,000
2 Bed
2 Bath
1111 ft²
|
$459,000
01/30/2017
|
Ben Oliver
Live West Realty
| |
|
07/21/2016
|
2 Bed
|
2 Bath
|
1111 ft²
|
$469,900
2 Bed
2 Bath
1111 ft²
|
$454,000
-3.38%
09/28/2016
|
Marcia Cotlar
8z Real Estate
| |
|
06/23/2015
|
2 Bed
|
1 Bath
|
945 ft²
|
$285,000
2 Bed
1 Bath
945 ft²
|
$300,700
+5.51%
08/03/2015
|
Jill Grano
milehimodern - Boulder
| |
|
06/11/2014
|
1 Bed
|
1 Bath
|
945 ft²
|
$255,000
1 Bed
1 Bath
945 ft²
|
$251,000
-1.57%
09/17/2014
|
Bob Grotluschen & Susie Donahue
RE/MAX of Boulder, Inc
| |
|
05/02/2014
|
2 Bed
|
2 Bath
|
1109 ft²
|
$350,000
2 Bed
2 Bath
1109 ft²
|
$350,000
06/06/2014
|
Jay Kalinski
RE/MAX Elevate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017