961 16th St #8
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 |
|---|---|---|---|
| Sep 30, 2026 | No longer available | - | |
| No longer available | |||
| Apr 29, 2026 | Listed | $350,000 | |
| Listed | |||
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Experience the best of Boulder living in this bright and inviting condo, perfectly situated for those who want to be in the center of the action while enjoying a peaceful, private environment. Located just across the street from the CU Boulder campus, with a convenient pedestrian underpass for effortless access, this home puts you at the doorstep of the university, yet tucked away in a quiet, private building. You'll enjoy the ultimate Boulder lifestyle, with walkable access to the shops on The Hill, quick trips to vibrant Pearl Street, and proximity to the world-class hiking trails of the Flatirons. Inside, the home is designed for comfort and ease, featuring an open-concept main living area that seamlessly blends the kitchen, dining, and living spaces. The sunny bedroom is a true sanctuary, complete with a private, en-suite full bath. For added convenience, the unit includes an in-home laundry area located right in the kitchen. Outside, residents can enjoy the community's shared outdoor patio, a perfect spot to soak up the Colorado sunshine. With a dedicated off-street parking space included, this condo offers a rare and valuable amenity in one of Boulder's most desirable locations. Whether you are looking for an investment property, a student home, or a low-maintenance basecamp for your Boulder adventures, this unit delivers unparalleled convenience and quality.
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| Apr 22, 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! Location! Wonderful location to CU only 1/2 block from the UMC. Great investment property or to have your CU student live a block away from CU this fall. Attractive solid brick building w/ second floor 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.
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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