1525 Wavecrest Dr
About This Property
Step inside to gleaming hardwood floors that flow seamlessly throughout the kitchen, dining, and entry, enhancing the inviting atmosphere. The spacious primary suite boasts a luxurious five-piece bathroom complete with both a soaking tub and a separate shower, offering the perfect retreat after a long day. You'll also love the oversized walk-in closet, providing ample storage space for all your wardrobe needs.
The large, unfinished basement presents a fantastic opportunity for storage or future expansion - let your imagination run wild with the potential to create your dream space!
This home is ideally located just minutes away from Fort Collins, Loveland, and Greeley, giving you easy access to all the amenities and activities these vibrant communities offer. Plus, you're only a short 10-minute drive from the bustling Windsor Mill District, known for its great dining, shopping, and entertainment.
Don't miss your chance to call this spectacular property home - schedule your private showing today and experience everything it has to offer!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Price Decreased |
$484,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Mar 4, 2026 | Listed | $490,000 | |
| Listed | |||
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Opportunity awaits in this Severance home with great potential and thoughtful recent improvements. Situated in a quiet neighborhood, 1525 Wavecrest Drive offers a comfortable layout, inviting outdoor spaces, and room to make it your own.The kitchen has been refreshed with new appliances, offering a great starting point for everyday cooking and future updates. The home provides functional living spaces ready for personalization, making it an excellent opportunity for buyers looking to build equity.Step outside to enjoy the back deck, an ideal place for morning coffee, evening grilling, or simply taking in the beautiful Colorado mountain views in the distance. The backyard has also been enhanced with a brand-new 6' vinyl privacy fence, creating a secure and private space for pets, play, gardening, or outdoor entertaining.With the fenced yard and deck already in place, the outdoor area is perfectly set up to become your own retreat.Located in the welcoming community of Severance, this home offers small-town charm while remaining conveniently close to Windsor, Fort Collins, and Greeley for shopping, dining, and commuting.This property is being sold AS-IS, presenting a fantastic opportunity for buyers, investors, or anyone looking to add their own touches and create value over time.With valuable improvements already completed - including the new kitchen appliances, new 6' vinyl privacy fence, and enjoyable outdoor spaces with mountain views - this home is ready for its next chapter.Come explore the possibilities at 1525 Wavecrest Drive.
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| Jul 3, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017