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961 16th St #5
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 |
|---|---|---|---|
| Aug 14, 2026 | Listed | $342,000 | |
| Listed | |||
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The University Flat. Location takes center stage at The University Flat, ideally positioned directly across the street from the University of Colorado Boulder. Bright, efficient, and exceptionally convenient, this one-bedroom condo presents a compelling opportunity for students, investors, or anyone looking for a low-maintenance Boulder home with everyday essentials just steps away.Set within a small, well-maintained building with secure entry, the 464-square-foot interior makes smart use of every inch. Multiple windows fill the open living space with natural light, while the kitchen provides generous cabinetry, full-size appliances, and an eat-in dining area that flows easily into the living room. Durable flooring throughout keeps maintenance simple.The bedroom is comfortably sized with direct access to the ensuite bath, refreshed in 2024 with a new bathtub and surround. In-unit stackable laundry adds a valuable layer of convenience rarely overlooked in a property this close to campus.Outside, residents can enjoy a shared patio for studying, grilling, or relaxing beneath Boulder's blue skies. First-come, first-served off-street parking is available behind the building.With CU Boulder just across the street and coffee shops, dining, shopping, public transportation, and the best of Boulder close at hand, The University Flat combines an outstanding location with simplicity, flexibility, and strong investment appeal.
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| Aug 3, 2026 | No longer available | - | |
| No longer available | |||
| Apr 26, 2026 | Price Decreased |
$350,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed | $355,000 | |
| Listed | |||
| May 1, 2001 | Listed | $169,900 | |
| Listed | |||
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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 CURRENTLY BEING LEASED, UNIT #5 READY FOR OCCUPANCY IN MAY . CALL ED KEAN 303-589-2727 FOR CURRENT AVAILABILITY.
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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