961 16th St #3
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 |
|---|---|---|---|
| Jan 1, 2026 | Listed by 8z Real Estate | $350,000 | |
| Listed by 8z Real Estate | |||
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Located in the University Place community, this thoughtfully designed condo offers an exceptional opportunity to enjoy one of Boulder's most iconic and energetic neighborhoods. Positioned in the heart of University Hill, the home sits just steps from the University of Colorado Boulder campus, with the University Memorial Center only a half block away. The surrounding streets are lined with locally owned cafes, restaurants, and shops, creating a lively yet convenient setting that makes daily errands and social outings effortless.Inside, the residence is well suited for a low-maintenance lifestyle, featuring a private washer and dryer--a valuable convenience rarely found at this scale. The layout is efficient and functional, making excellent use of space for everyday living, studying, or working from home. Whether you are heading to campus, exploring nearby trails, or enjoying Pearl Street Mall just minutes away, this location supports an active and connected Boulder lifestyle.University Place is known for its walkability and central access to some of the citys most beloved amenities. Residents enjoy close proximity to CU Boulder, downtown Boulder, Chautauqua Park, and miles of scenic open space and bike paths. With easy access to public transportation and major routes, commuting around town or heading toward the foothills is simple and efficient.This condo presents a compelling opportunity to own in a well-established Boulder community where location, convenience, and everyday livability come together seamlessly.
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| Apr 3, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | Listed by milehimodern - Boulder | $315,000 | |
| Listed by milehimodern - Boulder | |||
| Jul 11, 2023 | Listed | $330,000 | |
| Listed | |||
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Location! Location! Wonderful location to CU only 1/2 block from the UMC. New flooring throughout and interior paint! Open floor plan and abundance of natural light! 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.
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| Feb 25, 2023 | Listed | $340,900 | |
| Listed | |||
| | |||
|
Location! Location! Wonderful location to CU only 1/2 block from the UMC. New flooring throughout and interior paint! Open floor plan and abundance of natural light! 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.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017