$160,875
●
Commercial -
Off Market
777 Poplar Ave #765
Boulder, CO 80304
Studio
0 Bath
$909
Est. Monthly
About This Property
Charming office condo in a great North Boulder neighborhood! 2
separate offices, 1 on each level, perfect for a small company or
sole proprietor! Leased at $1,200/mo until Sept. 2024
Unit Size
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Days on Market
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Land Size
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Price per sqft
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Property Type
Commercial
Property Taxes
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HOA Dues
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Year Built
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Payment Calculator
Home Price
Down Payment
%
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #987327)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2024 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by RE/MAX Alliance-Boulder | $185,000 | |
| Listed by RE/MAX Alliance-Boulder | |||
| Dec 9, 2022 | No longer available | - | |
| No longer available | |||
| Dec 7, 2022 | Listed | $195,000 | |
| Listed | |||
| | |||
|
Charming office condo in a great North Boulder neighborhood! 2 separate offices, 1 on each level, perfect for a small company or sole proprietor! (owner occupied - rental income & CAP rate estimated). For Sale or Lease. Lease Rate: $700/mo per office or $1,200/mo for full unit
| |||
| May 22, 2022 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Exterior Details
Square Footage Source: Assessor
Property Condition: Not New, Previously Owned
Year Built: 1980
Building Area Total: 383
Building Area Units: Square Feet
Construction Materials: Wood/Frame
Roof: Composition
Lot Size Area: 1
Lot Size Units: Square Feet
Lot Size Square Feet: 1
Water Source: City Water, City of Boulder
Utilities Details
Cooling Type: Refrigeration/HVAC
Heating Type: Baseboard
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 |
|---|---|---|---|---|---|---|---|
|
05/09/2023
|
Loft
|
-
|
-
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$185,000
Loft
-
|
$160,875
-13.04%
02/22/2024
|
James Thomas
Martin & Tope Real Estate Company
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|
02/09/2023
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Loft
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-
|
-
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$250,000
Loft
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$225,000
-10.00%
04/25/2023
|
Jim Thomas
RE/MAX ALLIANCE
| |
|
03/18/2022
|
Loft
|
-
|
-
|
$195,000
Loft
-
|
-
-
|
James Thomas
Martin & Tope Real Estate Company
| |
|
02/10/2021
|
Loft
|
-
|
-
|
$175,000
Loft
-
|
-
-
|
James Thomas
Martin & Tope Real Estate Company
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07/01/2020
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Loft
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-
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-
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$175,000
Loft
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-
-
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-
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06/21/2012
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2 Bed
|
1 Bath
|
1081 ft²
|
$299,000
2 Bed
1 Bath
1081 ft²
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$295,000
-1.34%
08/03/2012
|
Katie Patterson
The Agency - Boulder
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04/13/2006
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Loft
|
-
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-
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$1,615,000
Loft
-
|
$1,600,000
-0.93%
09/05/2006
|
Sean M Mitchell
Compass-Denver
|
Building Info
About North Boulder
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Listed by: James Thomas, RE/MAX Alliance-Boulder
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 987327
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# 987327
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