708 17th St
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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed | $1,999,000 | |
| Listed | |||
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Beautiful home located just a few blocks to CU. Currently configured as 4 bedrooms, but could easily be 6 bedrooms. Neighboring houses are renting for $11,000 per month. The time to pre-lease is now, so take advantage of the timing while CU students are looking for large houses to share. The original Craftsman style exudes charm and an expansive addition w/ modern updates make this home turn key condition. Completely remodeled in 2004 as well as recent improvements including new quartz counters, refinished hardwood floors and new interior paint. Remodeled kitchen features large island w/ sink, Viking gas range/oven, wall oven and pantry. Bright & sunny family room opens to deck overlooking lush backyard. Primary suite w/ stunning Flatirons views & office plus 2 more large bedrooms and a full hallway bath round out the upstairs. Walkout lower level features rec room and 4th bedroom/in-law area w/ fridge & sink which could potentially be an ADU w/ separate entrance or divided into extra bedrooms for a total of 6 bedrooms.
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| Sep 13, 2024 | Listed by RE/MAX of Boulder, Inc | $1,999,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
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Beautiful home located just a few blocks to CU and close to Chautauqua. Perfect for roommates or owner occupants alike. CU students are paying over $1,800 per bedroom, so this property would make an excellent investment for a CU parent or an owner occupant who wants additional income from renting the walkout lower level. The original Craftsman style exudes charm and an expansive addition w/ modern updates make this home a must see. The best of both worlds w/ a classic covered front porch & stone fireplace plus everything desired in a home today - Chef's kitchen, luxury primary suite, abundant living areas, spacious closets and lots of storage. Completely remodeled in 2004 as well as recent updates including refinished hardwood floors, new interior paint and new quartz counters in the kitchen w/ tile backsplash. Chef's kitchen features large island w/ sink, Viking gas range/oven, wall oven and pantry. Bright & sunny family room opens to deck overlooking lush backyard w/ flagstone patio & parking pad w/ electric gate off the alley. Primary suite w/ stunning Flatirons views, west facing deck, gas fireplace, study and 5 piece bath. 2 large bedrooms, a full bath and access to a roof deck round out the upstairs. Walkout lower level features rec room and 4th bedroom/in-law area w/ fridge & sink which could potentially be an ADU w/ separate entrance or divided into extra bedrooms (potential for 6 total bedrooms). Buyer to confirm allowable uses and permit requirements w/ the City of Boulder. See MLS#1020592 for income property potential.
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| Feb 8, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017