$325,090
●
Condo -
Off Market
961 16th St #1
Boulder, CO 80302
1 Bed
1 Bath
449 Ft²
$332,876
RealtyHop Estimate
-2.35%
Since Aug 1, 2023
CO-Denver
Primary Model
About This Property
Location! Location! Wonderful location to CU only 1/2 block from
the UMC. Great investment property or to have your CU student
live a block main floor corner unit. Security door leading
into the units. Fenced common patio at front of the building.
Personal washer/dryer in unit. 6 off street reserved parking spaces
for the building. Current lease of $1550/month ending July
31, 2023. Current rental license obtained by owner.
Unit Size
449 Ft²
Days on Market
11 days
Land Size
0.14 acres
Price per sqft
$759
Property Type
Condo
Property Taxes
$144
HOA Dues
$344
Year Built
1921
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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 #981509)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2023 | Sold | ||
| Sold | |||
| Feb 3, 2023 | Listed by Live West Realty | $340,900 | |
| Listed by Live West Realty | |||
| May 1, 2001 | Listed | $169,900 | |
| Listed | |||
| | |||
|
NEVER BEFORE OFFERED CONDOS, ONE BLOCK FROM CU (UMC). SEVEN 1 BEDROOM AND ONE 2 BEDROOM UNITS, ALL RECENTLY RE-FINISHED INSIDE AND OUT, MODEL HOME FINISHES. UNIT #1 AVAILABLE FOR OCCUPANCY IN MAY. CALL ED KEAN 303-589-2727 FOR CURRENT AVAILABILTY.
| |||
Property Highlights
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
Window Features: Window Coverings
Common walls with other units/homes: No One Below
Basement: None
Exterior Details
Has Property Attached
Square Footage: 449
Square Footage Source: Assessor
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1949
Above Grade Finished Area: 449Square Feet
Building Area Total: 449
Levels: One
Building Area Units: Square Feet
Construction Materials: Brick/Brick Veneer
Roof: Other
Lot Features: Curbs, Gutters, Sidewalks
Lot Size Area: 6098
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $1,729
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Water/Sewer
Association Name: 16th St Condominium Assoc.
HOA Fee: $344
HOA Fee Frequency: Monthly
Association Phone: 970-377-1626
Utilities Details
Heating Type: Hot Water, Baseboard
Utilities for Property: 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 |
|---|---|---|---|---|---|---|---|
|
10/23/2025
|
1 Bed
|
1 Bath
|
449 ft²
|
$355,000
1 Bed
1 Bath
449 ft²
|
-
-
|
Brie Fowler
Coldwell Banker Realty-Boulder
| |
|
05/01/2025
|
1 Bed
|
1 Bath
|
449 ft²
|
$360,000
1 Bed
1 Bath
449 ft²
|
$348,610
-3.16%
06/30/2025
|
Kelly Moye
Compass - Denver
| |
|
03/13/2024
|
1 Bed
|
1 Bath
|
449 ft²
|
$315,000
1 Bed
1 Bath
449 ft²
|
$315,000
04/03/2024
|
Clove Berger
milehimodern - Boulder
| |
|
03/13/2024
|
1 Bed
|
1 Bath
|
464 ft²
|
$315,000
1 Bed
1 Bath
464 ft²
|
$315,000
04/22/2024
|
Clove Berger
milehimodern - Boulder
| |
|
02/03/2023
|
1 Bed
|
1 Bath
|
449 ft²
|
$340,900
1 Bed
1 Bath
449 ft²
|
$325,090
-4.64%
07/17/2023
|
Mary Siefert
Live West Realty
| |
|
06/25/2021
|
1 Bed
|
1 Bath
|
528 ft²
|
$319,900
1 Bed
1 Bath
528 ft²
|
$315,000
-1.53%
08/18/2021
|
Erik Park
Kearney Realty
|
Building Info
About Central Boulder
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Listed by: Mary Siefert, Live West Realty
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 981509
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# 981509
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