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Sterling 80751
118 Park Street
$172,900
● House - Off Market

118 Park Street

Sterling, CO 80751
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,294 Ft²
$174,904
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Looking for a nice home at an affordable price? Look no further with this cute 4-bedroom home with lots of potential! Home features new carpet and paint throughout along with some other updates. A nice size living area and good-sized bedrooms. Outside you have a spacious backyard full of potential with extra living space in the converted 22x14 garage and NO flood insurance required! Don't wait call today to see this home before its gone! Cash/Conventional financing only.
Unit Size
1,294 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$134
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1903

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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: 3 years ago (REcolorado MLS #RECIR963760)

Price History

Date / Event Date Event Price
Jun 21, 2022 Sold
Premium
Sold
Apr 25, 2022 Listed by Vandenbark Realty $172,900
Listed by Vandenbark Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1931
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,365
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,294
  • Building Area: 1,294
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,294
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: B&M 1ST ADDN
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 20 & E1/2 LOT 19 BLK 43 B&M ADDN STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966300

Geography

  • Parcel: 3410000
  • Block: 43
  • Lot: 19-20
  • Municipality: STERLING
  • Latitude: 40.6199
  • Longitude: -103.212

    Address

  • Full Address: 118 Park St
  • Address - House Number: 118
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C002
  • 4-Digit Zip Code: 4135
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,294
  • Tax Year: 2023
  • Tax Amount: $43,552
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2536
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 200,023
  • High Value: 250,752
  • Low Value: 149,295

    Market Valuation

  • Market Total Value: $119,470
  • Market Land Value: $37,500
  • Market Improvement Value: $81,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,310
  • Assessed Land Value: $2,610
  • Assessed Improvements Value: $5,700

    Sales

  • Current Sale Contract Date: Jun 13, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 762019
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:

$235,000

Sale Price/ft²

$166

Above Asking

7.61%

Average Days on Market

64

Average Home Size

1450 ft²

Average Home Age

85.2 years

Currently For Sale

108 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

Rentals Near You

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Frequently Asked Questions

When was property at 118 Park Street built and last sold?
The property at 118 Park Street was built in 1903 and last sold on Jun 13, 2022 for $172,900.
How much is this home worth?
The estimated value of the home located at 118 Park Street is $0.
What are some comparable homes to 118 Park Street?
There are currently no comparable homes to 118 Park Street.
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