721 Concord Ave
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | Listed | $2,800,000 | |
| Listed | |||
| Aug 3, 2023 | Listed | $2,800,000 | |
| Listed | |||
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*Property is rented. DO NOT contact seller.* Welcome to 721 Concord Avenue, a charming house located in the highly sought-after Mapleton Hill neighborhood. The main house has an open floor plan with 2,591 square feet including 4 bedrooms and 3 bathrooms. The detached, legal Accessory Dwelling Unit (ADU) includes 528 square feet with an additional bedroom and bathroom. The expansive house has plenty of room for everyone to enjoy while still maintaining a warm and inviting atmosphere. Situated on an oversized lot, this property offers a unique sense of privacy rarely found in such a central location. One of the standout features is the detached ADU. This separate living space is perfect for guests, in-laws, or as a rental. Complete with its own kitchenette, 3/4 bath, a bedroom, dining area, and office space, this ADU offers lots of flexibility. Additionally, the 1st floor of the ADU is currently a full workout studio and a 1 car garage. The ADU also has a full basement with 8' ceilings, perfect for storage. Beyond the comforts of this remarkable home, you'll find yourself in proximity to some of Boulder's finest amenities. The location couldn't be more ideal - just steps away from downtown Boulder, where you'll discover an array of shops, restaurants, bars, and entertainment options. Nature enthusiasts will appreciate the nearby access to biking and hiking trails. The neighborhood offers excellent schools within walking distance. North Boulder Park and Ideal Market just steps away. Don't miss out on this incredible opportunity to own a piece of Boulder's best. 3D Virtual Tours available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017