961 16th St #4
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 30, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | Listed | $360,000 | |
| Listed | |||
| | |||
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Location, location, location! This beautifully updated corner-unit condo is directly across the street from the University of Colorado Boulder-perfect for students who wants to live in the heart of it all. Say goodbye to long commutes and hello to rolling out of bed and into class in just minutes! Recently remodeled with modern, low-maintenance linoleum plank flooring throughout, this bright and inviting place offers a refreshed kitchen and bathroom. As a corner unit, it features extra windows that provide nice natural sunlight. Plus, the furniture is all included! From the sofa and bed to the kitchen cookware and dishes-everything you need is already here! A new, stackable washer and dryer is right in the unit. The building is well-managed and has only a handful of units and secured entrance. Off-street parking behind the building includes 6 first-come, first-served spaces-no parking permit scramble here. Great for students, investors, or those who need to live close to campus. Free tacos with purchase!
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| Aug 18, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Kearney Realty | $319,900 | |
| Listed by Kearney Realty | |||
| Sep 5, 2001 | Listed | $164,900 | |
| Listed | |||
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NEVER BEFORE OFFERED CONDOS, ONE BLOCK FROM CU (UMC). RECENTLY RE-FINISHED INSIDE AND OUT, MODEL HOME FINISHES. RENTED THROUGH MAY 13, 2002 AT 1,000/MONTH W/ SHOWING PRIV. CALL ED KEAN 303-589-2727 FOR CURRENT INFO. TAXES ARE ESTIMATED.
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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