$1,650,000
●
Condo -
Off Market
700 Pearl St #1AND2
Boulder, CO 80302
2 Beds
2 Baths
2,106 Ft²
$2,970,737
RealtyHop Estimate
65.04%
Since Aug 1, 2016
CO-Denver
Primary Model
About This Property
Originally the Racket Grocery, this truly unique home artfully
combines the historical character and charm of 1901 with the
modern, luxurious finishes of the 21st century. In 2008, Units 1 &
2 were combined and the result was a special space where
opportunities abound. Live in the open, loft-style home and enjoy
the best that downtown Boulder has to offer and/or, with a rare
commercial zoning and original store-front entry, establish your
own business just west of the famous Pearl Street Mall!
Unit Size
2,106 Ft²
Days on Market
-
Land Size
-
Price per sqft
$855
Property Type
Condo
Property Taxes
$865
HOA Dues
$748
Year Built
-
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Cap Rate Calculator
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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 (IRES MLS #775694)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2016 | Sold | ||
| Sold | |||
| Sep 23, 2015 | Listed by Slifer Smith & Frampton-Niwot | $1,800,000 | |
| Listed by Slifer Smith & Frampton-Niwot | |||
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage Door Opener
Garage Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Loft, Kitchen Island
Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Flooring Type: Wood Floors
Window Features: Window Coverings, Wood Frames
Common walls with other units/homes: No One Below
Has Fireplace
Fireplace Features: Gas
Basement: None
Exterior Details
Has Property Attached
Square Footage: 2106
Square Footage Source: Assessor
Security Features: Smoke Detector(s)
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 2006
Above Grade Finished Area: 2106Square Feet
Builder Name: Denevuve Construction
Building Area Total: 2106
Levels: One
Building Area Units: Square Feet
Construction Materials: Brick/Brick Veneer
Patio and Porch Features: Patio
Roof: Other
Lot Size Units: Square Feet
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $10,380
HOA/Condo/Coop Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure, Water/Sewer, Hazard Insurance
Association Name: 700 Pearl Condominium Assoc
HOA Fee: $748
HOA Fee Frequency: Monthly
Association Phone: 303-444-1456
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Forced Air
Utilities for Property: Natural Gas Available, Electricity Available
Sewer : City Sewer
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 |
|---|---|---|---|---|---|---|---|
|
04/05/2024
|
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 Colorado, LLC - Boulder
|
Building Info
About Central Boulder
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Listed by: Nanner Fisher, Slifer Smith & Frampton-Niwot
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 775694
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 775694
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