1164 10th Street [Notable Sale]

BOULDER NOTABLE SALE: 1164 10th Street | $2.93M  


Why Is It Notable?  


Imagine the seller’s anxiety when a week before closing, CU students decide to throw a rager in the same block as your listing. Good thing it was already under contract and likely past all contingencies.

Listed in August of last year, 1164 10th Street was part of a portfolio of rental properties that hit the Boulder market. With an advertised cap rate of 5.39 and supposed 8% year over year revenue growth, you honestly have to wonder why it was listed at all. Yet despite the intense hunt for yield,  the market ignored it for months. It finally closed this week (for the full asking price).


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While House Einstein represents investors, most of our clients are selling or buying primary homes. Sure, they care about investment performance, but they care even more about the living experience. When showing a property on the Hill, we always advise a red solo cup check of the bins in the alley and talking to the neighbors. The last thing you want is to accidentally find out that you bought a house in the party zone.

Just imagine trying to calm your family down in the middle of the night, while firecrackers and tear gas are going off down the block. Meanwhile, you can’t even park on the street without risking damage to your cars. It’s all possible if you choose the wrong house.


Osman Parvez  is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of New York, he lives in Boulder with his wife and their Labrador Retriever. He has been a Realtor since 2005.


Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. For more information, click HERE.


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Thinking about buying or selling and want professional advice?  Call us at 303.746.6896. Your referrals are deeply appreciated.  


The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. House Einstein strongly recommends conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.  

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Testimonials

We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.

Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.

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More about the author

Osman Parvez

Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.

Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.

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