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Berthoud 80513
1506 Oak Drive
$460,000
● House - Off Market

1506 Oak Drive

Berthoud, CO 80513
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,670 Ft²
$460,847
RealtyHop Estimate
-2.98%
Since Aug 1, 2022
CO-Denver
Primary Model

About This Property

NO HOA, NO METRO DISTRICT.Move-in ready all brick ranch home in Berthoud's North Park subdivision.  Open floor plan features living area with gas log fireplace, kitchen with lots of cabinets, and dining area off the kitchen. All appliances included, including electric washer and gas dryer. Enclosed porch not included in square footage.  Large privacy-fenced yard. On the south side of the house behind a gate is a long concrete slab suitable for boat or RV parking. Two large sheds for additional storage.
Unit Size
1,670 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$284
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
1985

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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 #RECIR969744)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Jun 29, 2022 Listed by RE/MAX Town and Country $475,000
Listed by RE/MAX Town and Country

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 9,833
  • Total Building Area: 2,154
  • Gross Building Area: 2,154
  • Building Area: 1,670
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,670
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH PARK ADD
  • Land Acres: 0000000226
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 11, BLK 6, NORTH PARK ADD 2ND BER

Neighborhood

  • School District Name: Thompson School District R-2J
  • Census Tract: 002700

Geography

  • Assessors Map Reference: 94141
  • Account Number: R0353370
  • Parcel: R0353370
  • Block: 6
  • Lot: 11
  • Meridian: SEC 14 TWN 4N RNG 69W
  • Municipality: BERTHOUD
  • Latitude: 40.3185
  • Longitude: -105.082

    Address

  • Full Address: 1506 Oak Dr
  • Address - House Number: 1506
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Berthoud
  • Carrier Code: R011
  • 4-Digit Zip Code: 1061
  • Zip Code: 80513

Valuation

    Tax

  • Total Area: 1,670
  • Tax Year: 2023
  • Tax Amount: $280,818
  • Tax Rate Code Area: 2400

    Appraisal Valuation

  • Standard Deviation: 0.1457
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 509,851
  • High Value: 584,152
  • Low Value: 435,550

    Market Valuation

  • Market Total Value: $506,900
  • Market Land Value: $38,000
  • Market Improvement Value: $468,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $33,962
  • Assessed Land Value: $2,546
  • Assessed Improvements Value: $31,416

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Jul 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 47581
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 Berthoud

Stats & Trends

Median Asking:

$599,450

Sale Price/ft²

$278

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2707 ft²

Average Home Age

8.8 years

Currently For Sale

225 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 1506 Oak Drive built and last sold?
The property at 1506 Oak Drive was built in 1985 and last sold on Jul 28, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 1506 Oak Drive is $0.
What are some comparable homes to 1506 Oak Drive?
There are currently no comparable homes to 1506 Oak Drive.
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