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Boulder 80481
1180 Ridge Road
$287,500
● Land - Off Market

1180 Ridge Road

Ward, CO 80481
bedrooms
Studio
bathrooms
0 Bath
$290,573
RealtyHop Estimate
8.63%
Since Aug 1, 2021
CO-Denver
Primary Model

About This Property

Opportunity to build on a rare large, private lot on almost 6 acres in Bar K Ranch with views! Includes a ~200 sq ft 2-story cabin and ~800 sq ft (20'x40') greenhouse fed by a live spring. 15 minute walk down the hill to James Creek. 2 potential building sites. ISP available and in photos and docs. No well or septic. 4x4 recommended. Storage container is not included in the sale but available for $5000.
Unit Size
-
Days on Market
-
Land Size
5.93 acres
Price per sqft
-
Property Type
Land
Property Taxes
$224
HOA Dues
-
Year Built
-

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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 #RECIR945198)

Price History

Date / Event Date Event Price
Jul 28, 2021 Sold
Premium
Sold
Jul 8, 2021 Listed by Revolutionary Realty, LLC $267,500
Listed by Revolutionary Realty, LLC
Aug 5, 2015 Sold
Premium
Sold
May 7, 2012 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 258,448
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: TR, NBR 950 JAMESTOWN AREA
  • Land Acres: 0000005933
  • Standard Land Use Code: 8000
  • County Land Use Code: 0530
  • Legal Description 1: 6.00 ACS M/L W 1/2 NW 1/4 26-2N-72 BAR K RANCH AKA PARCEL 4 B PER DEED 1509442 4/11/95 BCR SEE ID 65849

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 013703

Zoning

  • Zoning: F

Geography

  • Assessors Map Reference: B34-F
  • Account Number: R0093819
  • Parcel: R0093819
  • Meridian: SEC 26 TWN 2N RNG 72
  • Municipality: JAMESTOWN
  • Latitude: 40.1104
  • Longitude: -105.427

    Address

  • Full Address: 1180 Ridge Rd
  • Address - House Number: 1180
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Ward
  • Carrier Code: H078
  • 4-Digit Zip Code: 9535
  • Zip Code: 80481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $368,130
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 00-268

    Market Valuation

  • Market Total Value: $298,598
  • Market Land Value: $298,598

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,309
  • Assessed Land Value: $83,309

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3903109
  • Previous Sale Recording Date: Aug 05, 2015
  • Previous Sale Contract Date: Aug 03, 2015
  • Previous Sale Amount: $105,000
  • 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 Boulder

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$376

Above Asking

0.00%

Average Days on Market

55

Average Home Size

2327 ft²

Average Home Age

37.8 years

Currently For Sale

2317 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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Frequently Asked Questions

When was property at 1180 Ridge Road built and last sold?
The property at 1180 Ridge Road was built in and last sold on Jul 22, 2021 for $287,500.
How much is this home worth?
The estimated value of the home located at 1180 Ridge Road is $270,175.
What are some comparable homes to 1180 Ridge Road?
There are currently no comparable homes to 1180 Ridge Road.
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