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Akron 80720
1272 Cicada Lane
$160,000
● Land - Off Market

1272 Cicada Lane

Akron, CO 80720
bedrooms
Studio
bathrooms
0 Bath
$165,426
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Looking for the perfect build site for your dream home? Look no further!! Close to town yet still private and very quiet. This is the best of both worlds! This lot comes with a 42x60x14 Morton pole barn. Brand new 6 inch concrete floor with rebar. Metal shelving and air compressor in shop stay! This lot also has another storage shed, ATV track, city water to the lot, 5 hydrants on the property, 2 hydrants right by the shop, 50 amp RV hookup on the side of the shop, and 260+ lilac bushes lining the property on a drip line. Come take a look at your new beautiful land today!
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$19
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 #REC7617825)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jul 15, 2022 Listed by Key Team Real Estate Corp. $160,000
Listed by Key Team Real Estate Corp.
Jan 18, 2021 Sold
Premium
Sold
Nov 9, 2007 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: 217,800
  • 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: R
  • Subdivision: WESTIN RIDGE ESTATES
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: WESTIN RIDGE ESTATES BLK 2 LOT 13 REC#880968 (AKA 1272 CICADA LANE)

Neighborhood

  • School District Name: Akron School District R-1
  • Census Tract: 924200

Geography

  • Parcel: 92066002006
  • Block: 2
  • Lot: 13
  • Municipality: AKRON SCHOOL
  • Latitude: 40.1679
  • Longitude: -103.227

    Address

  • Full Address: 1272 Cicada Ln
  • Address - House Number: 1272
  • Address - Street Name: Cicada
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Akron
  • Carrier Code: H090
  • 4-Digit Zip Code: 9669
  • Zip Code: 80720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,780
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1331
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 84
  • Final Value: 153,807
  • High Value: 174,291
  • Low Value: 133,322

    Market Valuation

  • Market Total Value: $25,601
  • Market Land Value: $15,000
  • Market Improvement Value: $10,601

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,779
  • Assessed Land Value: $1,042
  • Assessed Improvements Value: $737

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Previous Sale Recording Date: Nov 09, 2007
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Akron

Stats & Trends

Median Asking:

$226,750

Sale Price/ft²

$122

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1306 ft²

Average Home Age

88 years

Currently For Sale

20 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 1272 Cicada Lane built and last sold?
The property at 1272 Cicada Lane was built in and last sold on Jan 15, 2021 for $95,000.
How much is this home worth?
The estimated value of the home located at 1272 Cicada Lane is $0.
What are some comparable homes to 1272 Cicada Lane?
There are currently no comparable homes to 1272 Cicada Lane.
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