700 Pearl St #12
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by Slifer Smith & Frampton-Bldr | $2,800,000 | |
| Listed by Slifer Smith & Frampton-Bldr | |||
| | |||
|
The Hippest Pad In Boulder! 700 Pearl Street is a historic gem. Built in 1901 as the Racket grocery store, this property underwent a remarkable transformation in 2017.Celebrity Designer Kari Whitman reimagined the historic gem, ! The interior design of this home has graced the covers of national and state magazines such as Colorado Homes and Gardens and Modern in Denver.The interior was entirely stripped down to the studs and rebuilt with 80% repurposed and recycled materials. Be amazed by the unique design installations that truly set this home apart. Highlights include 9' glass panels from an old New York City high rise, upcycled to serve as shower walls and sliding doors. Other features are living moss walls, a hanging bed, and two hanging love seats. The home also boasts recycled Parisian street lamps, sliding steel doors, steel floors, and recycled teak floors by Indoteak Design. The kitchen is equipped with top-of-the-line Gaggenau appliances, stunning cabinetry, and a custom Edison bulb light fixture, turkish travertine and Italian stone slabs. Paying homage to Boulder's western history are bullet and shotgun shell details, vintage buffalo nickels, and over 300 recycled Ralph Lauren and EcoDomo leather belts that adorn several walls and a headboard. As the sun sets and the fireplace glows listen to your favorite albums on the home's custom sound system.This coveted West Pearl Street location is conveniently situated two blocks to popular Pearl Street Mall and some of Boulder's best hiking trails. All furnishings included. Experience the fusion of history, creativity, and luxury - a true work of art in the heart of Boulder.
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| Jul 23, 2023 | Listed | $3,500,000 | |
| Listed | |||
| | |||
|
PLEASE DO NOT CONTACT THIS SELLER. SELLER HAS ACTIVE LISTING AGREEMENT. 700 Pearl Street is a historic gem. Built in 1901 as the Racket grocery store, this property underwent a remarkable transformation in 2017.Celebrity Designer Kari Whitman reimagined the space, creating what is now the hippest pad in Boulder! The interior design of this home has graced the covers of national and state magazines such as Colorado Homes and Gardens and Modern in Denver.The interior was entirely stripped down to the studs and rebuilt with 80% repurposed and recycled materials. Be amazed by the unique design installations that truly set this home apart. Highlights include 9' glass panels from an old New York City high rise, upcycled to serve as shower walls and sliding doors. Other features are living moss walls, a hanging bed, and two hanging love seats. The home also boasts recycled Parisian street lamps, sliding steel doors, steel floors, and recycled teak floors by Indoteak Design. The kitchen is equipped with top-of-the-line Gaggenau appliances, stunning cabinetry, and a custom Edison bulb light fixture, turkish travertine and Italian stone slabs. Paying homage to Boulder's western history are bullet and shotgun shell details, vintage buffalo nickels, and over 300 recycled Ralph Lauren and EcoDomo leather belts that adorn several walls and a headboard. As the sun sets and the fireplace glows listen to your favorite albums on the home's custom sound system.This coveted West Pearl Street location is conveniently situated two blocks to popular Pearl Street Mall and some of Boulder's best hiking trails. All furnishings included. Experience the fusion of history, creativity, and luxury - a true work of art in the heart of Boulder.
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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 |
|---|---|---|---|---|---|---|---|
|
04/05/2024
|
2 Bed
|
2 Bath
|
1258 ft²
|
$1,695,000
2 Bed
2 Bath
1258 ft²
|
$1,680,000
-0.88%
05/22/2024
|
Francis Hagan
Slifer Smith & Frampton-Bldr
| |
|
04/04/2024
|
2 Bed
|
4 Bath
|
2208 ft²
|
$2,800,000
2 Bed
4 Bath
2208 ft²
|
-
-
|
Francis Hagan
Slifer Smith & Frampton-Bldr
| |
|
07/23/2023
|
2 Bed
|
-
|
2208 ft²
|
$3,500,000
2 Bed
-
2208 ft²
|
-
-
|
Francis Hagan
Slifer Smith & Frampton-Bldr
| |
|
09/30/2022
|
2 Bed
|
2 Bath
|
1258 ft²
|
$1,895,000
2 Bed
2 Bath
1258 ft²
|
$1,750,000
-7.65%
10/31/2022
|
Janet Ingvaldsen
Worth Clark Realty
| |
|
10/03/2018
|
2 Bed
|
2 Bath
|
1509 ft²
|
$1,699,000
2 Bed
2 Bath
1509 ft²
|
-
-
|
-
| |
|
09/23/2015
|
2 Bed
|
2 Bath
|
2106 ft²
|
$1,800,000
2 Bed
2 Bath
2106 ft²
|
$1,650,000
-8.33%
07/21/2016
|
Nanner Fisher
Madison & Company Properties - Niwot
| |
|
04/23/2014
|
1 Bed
|
2 Bath
|
1020 ft²
|
$975,000
1 Bed
2 Bath
1020 ft²
|
$940,000
-3.59%
06/26/2014
|
Stephen Remmert
Compass - Boulder
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017