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Sterling 80751
1118 N 7th St
$224,900
● House - Off Market

1118 N 7th St

Sterling, CO 80751
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$1,144
Est. Monthly
14.01%
Cap Rate

About This Property

This is a hidden gem - don't let the outside fool you or you will miss out on this updated 3-bedroom, 1-bath home! The open concept kitchen and dining area create a welcoming space for gatherings, with the large living room and bedrooms giving ample space for every day living. Enjoy the outdoors in the fully fenced backyard-perfect for pets, play, or peaceful evenings on the deck. The rear entrance two-car garage offers convenience and privacy, with easy access and ample storage. NOT IN FLOOD PLAIN. Call today before you miss your opportunity to make this perfectly updated home your own!
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$206
Property Type
House
Property Taxes
$39
HOA Dues
-
Year Built
1981

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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: 11 months ago (IRES MLS #1041117)

Price History

Date / Event Date Event Price
Dec 19, 2025 Sold
Premium
Sold
Dec 13, 2025 In contract -
In contract
Oct 4, 2025 Price Decreased $224,900
↓ $3K (1.4%)
Price Decreased
Aug 8, 2025 Listed by Area Wide Realty, LLC $228,000
Listed by Area Wide Realty, LLC
Jan 6, 2022 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1984
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,661
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 1
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: G A ROE ADDN
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 14 BLK 1 G A ROE ADDN STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966200

Geography

  • Parcel: 6118000
  • Block: 1
  • Lot: 14
  • Municipality: STERLING
  • Latitude: 40.637
  • Longitude: -103.209

    Address

  • Full Address: 1118 N 7th St
  • Address - House Number: 1118
  • Street Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C008
  • 4-Digit Zip Code: 2510
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,092
  • Tax Year: 2023
  • Tax Amount: $40,026
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2565
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 184,271
  • High Value: 231,546
  • Low Value: 136,997

    Market Valuation

  • Market Total Value: $110,950
  • Market Land Value: $9,300
  • Market Improvement Value: $101,650

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,710
  • Assessed Land Value: $650
  • Assessed Improvements Value: $7,060

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 759226
  • Previous Sale Recording Date: Jul 21, 2021
  • Previous Sale Contract Date: Jul 21, 2021
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sterling

Stats & Trends

Median Asking:

$234,000

Sale Price/ft²

$166

Above Asking

7.49%

Average Days on Market

64

Average Home Size

1424 ft²

Average Home Age

85.1 years

Currently For Sale

103 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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IRES

Listed by: Renee A. Selvidge, Area Wide Realty, LLC
Last Updated: 11 months ago
Data Source: IRES MLS, MLS# 1041117
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.

Frequently Asked Questions

When was property at 1118 North 7th Street built and last sold?
The property at 1118 North 7th Street was built in 1981 and last sold on Jan 5, 2022 for $188,000.
How much is this home worth?
The estimated value of the home located at 1118 North 7th Street is $0.
What are some comparable homes to 1118 North 7th Street?
There are currently no comparable homes to 1118 North 7th Street.
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