$348,610
●
House -
Off Market
961 16th St #4
Boulder, CO 80302
1 Bed
1 Bath
449 Ft²
$2,245
Est. Monthly
$354
HOA / Fees
2.38%
Cap Rate
About This Property
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!
Unit Size
449 Ft²
Days on Market
-
Land Size
-
Price per sqft
$802
Property Type
House
Property Taxes
$123
HOA Dues
$354
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: 2 years ago (IRES MLS #1032749)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | Listed | $360,000 | |
| Listed | |||
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Kearney Realty | $319,900 | |
| Listed by Kearney Realty | |||
| | |||
|
Wonderful location to CU! 1/2 block from the UMC. Great main level, corner unit offering more windows, beautiful hardwood floors. Appliances include Over-the-Range Microwave, Dishwasher, Washer/Dryer in convenient open floor plan that also has small dining area with room for dinette set. Large windows offer light and bright throughout. Walk-in closet. Excellent Rental ($1,450-$1500 a month) or for your CU Student to live close to campus. 6 off-street parking spaces exclusively for building. Hot water baseboard heat with HOA Boilers. Attractive solid brick building. Fenced common patio at front of building to relax privately or watch the passing scene. Nice barrier of lawn/landscaping keeps street at just right distance. Excellent, mostly residential neighborhood. Building has an outer security door, then an inside hallway to your unit door. Current Rental license and Smart Regs certificate.
| |||
| Sep 5, 2001 | Listed | $164,900 | |
| Listed | |||
| | |||
|
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
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen, Walk-In Closet(s), Kitchen Island
Appliances: Dishwasher, Refrigerator, Washer, Dryer, Microwave, Electric Range/Oven
Laundry Features: Washer Hookup, Main Level
Basement: None
Exterior Details
Has Property Attached
Square Footage: 449
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1949
Building Area Total: 449
Levels: One
Building Area Units: Square Feet
Window Features: Window Coverings
Construction Materials: Brick/Brick Veneer
Patio and Porch Features: Patio
Lot Size Units: Square Feet
Water Source: City Water, city of Boulder
Financial Details
Tax Annual Amount: $1,472
Utilities Details
Cooling Type: Room Air Conditioner
Heating Type: Baseboard
Sewer : City Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash, Maintenance Structure, Management, Water/Sewer, Hazard Insurance
HOA Fee: $354
HOA Fee Frequency: Monthly
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: Kelly Moye,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1032749
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: 2 years ago
Data Source: IRES MLS, MLS# 1032749
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