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Kersey 80644
121 4th St
$370,000
● House - Off Market

121 4th St

Kersey, CO 80644
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$1,896
Est. Monthly
9.13%
Cap Rate

About This Property

Welcome to this spacious 4-bedroom, 2 full bath home! Many upgrades include a new roof in 2023, new stove, built-in microwave, garbage disposal in 2024! Even the windows are newer and most of the flooring has been updated since 2021. The high-capacity water heater was replaced in 2020 and this home is equipped with central air already installed for those hot summer days and a wood burning stove for the cold Colorado winter days! There is ample parking with enough space to park up to 5 vehicles on the property and a fully fenced in yard! Quiet neighborhood within walking distance to the schools. Don't miss out on this hidden gem!
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$236
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1973

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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 (IRES MLS #1007701)

Price History

Date / Event Date Event Price
Jun 20, 2024 Sold
Premium
Sold
May 17, 2024 In contract -
In contract
Apr 21, 2024 Listed by Robert Slack LLC $370,000
Listed by Robert Slack LLC
Oct 27, 2020 Sold
Premium
Sold
Oct 26, 2020 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 40
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 768
  • Garage Type: 1
  • Garage Square Area: 448
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLARK & HILLS 2ND ADD
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: KER 9187-Z L44-45 BLK14 CLARK & HILLS 2ND

Neighborhood

  • School District Name: Platte Valley School District RE-7
  • Census Tract: 001600

Geography

  • Assessors Map Reference: MAP 1369
  • Account Number: R4134486
  • Parcel: R4134486
  • Block: 14
  • Lot: 44
  • Meridian: SEC 21 TWN 5N RNG 64W
  • Latitude: 40.3913
  • Longitude: -104.561

    Address

  • Full Address: 121 4th St
  • Address - House Number: 121
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Kersey
  • Carrier Code: R777
  • 4-Digit Zip Code: 5015
  • Zip Code: 80644

Valuation

    Tax

  • Total Area: 1,568
  • Tax Year: 2023
  • Tax Amount: $94,332
  • Tax Rate Code Area: 0782

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 372,419
  • High Value: 427,100
  • Low Value: 317,737

    Market Valuation

  • Market Total Value: $324,900
  • Market Land Value: $32,500
  • Market Improvement Value: $292,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,770
  • Assessed Land Value: $2,180
  • Assessed Improvements Value: $19,590

    Sales

  • Current Sale Contract Date: Oct 20, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4643745
  • Previous Sale Recording Date: Jun 03, 1999
  • Previous Sale Contract Date: Apr 10, 1998
  • Previous Sale Amount: $94,000
  • Previous Sale Document Type: 61
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 Kersey

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$216

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1784 ft²

Average Home Age

74.5 years

Currently For Sale

8 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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IRES

Listed by: Sarah Goss, Robert Slack LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1007701
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 121 4th Street built and last sold?
The property at 121 4th Street was built in 1973 and last sold on Oct 20, 2020 for $280,000.
How much is this home worth?
The estimated value of the home located at 121 4th Street is $0.
What are some comparable homes to 121 4th Street?
There are currently no comparable homes to 121 4th Street.
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