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Severance 80550
1188 Bowen Pass Street
$455,000
● House - Off Market

1188 Bowen Pass Street

Severance, CO 80550
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,953 Ft²
$520,721
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Better than new, this 4 bedroom, 3 bathroom, 3 car garage home is ready for you with no wait required. Located in Severance with perfect access to all of the neighboring cities and all of the places that you want to be. Engineered wood flooring throughout the main floor with a formal dining room and an open kitchen to the living room. Upstairs has all 4 bedrooms, and the most helpful part of all, the laundry so you will no longer need to lug it up and down the stairs. The sellers were not able to get to finishing the basement so that is wide open for you to make your own! Come to your new home today!
Unit Size
1,953 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$233
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
2019

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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 #RECIR945013)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jul 6, 2021 Listed by Sears Real Estate $455,000
Listed by Sears Real Estate
Jul 15, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 860
  • Garage Type: 1
  • Garage Square Area: 620
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,039
  • Total Building Area: 3,433
  • Gross Building Area: 3,433
  • Building Area: 1,953
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,953
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN VALLEY FARM 4TH FILING
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 6 BLOCK 5 HIDDEN VALLEY FARM 4TH FILING

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002206

Geography

  • Account Number: R8955424
  • Parcel: R8955424
  • Block: 5
  • Lot: 6
  • Latitude: 40.5033
  • Longitude: -104.867

    Address

  • Full Address: 1188 Bowen Pass St
  • Address - House Number: 1188
  • Address - Street Name: Bowen Pass
  • Address - Suffix Type: St
  • State: CO
  • City Name: Severance
  • Carrier Code: R022
  • 4-Digit Zip Code: 2202
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,950
  • Tax Rate Code Area: 4926

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 516,644
  • High Value: 586,347
  • Low Value: 446,941

    Market Valuation

  • Market Total Value: $502,952
  • Market Land Value: $95,000
  • Market Improvement Value: $407,952

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,700
  • Assessed Land Value: $6,370
  • Assessed Improvements Value: $27,330

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4749229
  • Previous Sale Recording Date: Jul 15, 2019
  • Previous Sale Contract Date: Jul 15, 2019
  • Previous Sale Amount: $378,000
  • Previous Sale Document Type: 68
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 Severance

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2531 ft²

Average Home Age

9.2 years

Currently For Sale

120 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 1188 Bowen Pass Street built and last sold?
The property at 1188 Bowen Pass Street was built in 2019 and last sold on Aug 20, 2021 for $455,000.
How much is this home worth?
The estimated value of the home located at 1188 Bowen Pass Street is $457,891.
What are some comparable homes to 1188 Bowen Pass Street?
There are currently no comparable homes to 1188 Bowen Pass Street.
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