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La Junta 81050
1302 Rice Ave
$28,500
● House - Off Market

1302 Rice Ave

La Junta, CO 81050
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,664 Ft²
$181
Est. Monthly
95.11%
Cap Rate

About This Property

Great opportunity to scrape and rebuild in La Junta! 7500 sq ft lot with utilities in place. No trespassing and property is not safe to enter. Priced to move quickly!
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$17
Property Type
House
Property Taxes
$40
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (REcolorado MLS #5327501)

Price History

Date / Event Date Event Price
Mar 5, 2025 Sold
Premium
Sold
Feb 20, 2025 In contract -
In contract
Feb 15, 2025 Price Decreased $28,500
↓ $5K (13.6%)
Price Decreased
Feb 5, 2025 Listed by JPAR Modern Real Estate $33,000
Listed by JPAR Modern Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LJ HEIGHTS (EX)
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 100
  • Legal Description 1: S 20' OF LOT 11 & ALL LOT 12 & N 15' LOT 13 BLK 9 LJ; HGTS B678 P43; MS# 3594 BY MIS; RCPTN- BL- LT- SEC- 25 TWN- 26 RNG- 57

Neighborhood

  • School District Name: East Otero School District R-1
  • Census Tract: 968600

Geography

  • Account Number: 110328
  • Parcel: 4643-112-41016
  • Block: 9
  • Municipality: EAST OTERO R-1
  • Latitude: 37.9763
  • Longitude: -103.539

    Address

  • Full Address: 1302 Rice Ave
  • Address - House Number: 1302
  • Address - Street Name: Rice
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: La Junta
  • Carrier Code: C005
  • 4-Digit Zip Code: 3036
  • Zip Code: 81050

Valuation

    Tax

  • Total Area: 1,664
  • Tax Year: 2023
  • Tax Amount: $47,454
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 318,942
  • High Value: 464,763
  • Low Value: 173,120

    Market Valuation

  • Market Total Value: $120,790
  • Market Land Value: $7,500
  • Market Improvement Value: $113,290

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,395
  • Assessed Land Value: $521
  • Assessed Improvements Value: $7,874
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 La Junta

Stats & Trends

Median Asking:

$155,000

Sale Price/ft²

$115

Below Asking

0.07%

Average Days on Market

97

Average Home Size

1282 ft²

Average Home Age

95.6 years

Currently For Sale

12 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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REcolorado

Listed by: Jamie Goodvin, JPAR Modern Real Estate
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 5327501
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1302 Rice Avenue built and last sold?
The property at 1302 Rice Avenue was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1302 Rice Avenue is $0.
What are some comparable homes to 1302 Rice Avenue?
There are currently no comparable homes to 1302 Rice Avenue.
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