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Logan 80751
15375 County Road 28.1
$260,000
● House - Off Market

15375 County Road 28.1

Sterling, CO 80751
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,011 Ft²
$1,321
Est. Monthly
11.24%
Cap Rate

About This Property

This is one of the most unique and secluded properties you'll ever find, so many possibilities! Close to Sterling, but out of city limits with well and septic. Original owner of this exceptionally maintained and updated, 1975 purged manufactured home on a permanent foundation, new kitchen, bathroom, windows, exterior doors, etc.. Many well-built sheds for storage and/or livestock on 7.36 acres. 18'x48' shop with power and concrete floor. The north end of the pasture would be a great build site. Cash or conventional financing only. Priced at appraised value.
Unit Size
1,011 Ft²
Days on Market
-
Land Size
7.36 acres
Price per sqft
$262
Property Type
House
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: 2 years ago (IRES MLS #1031054)

Price History

Date / Event Date Event Price
Jul 4, 2025 In contract -
In contract
Jul 3, 2025 Sold
Premium
Sold
May 8, 2025 Price Decreased $265,000
↓ $10K (3.6%)
Price Decreased
Apr 12, 2025 Listed $275,000
Listed

Property Highlights

Air Conditioning

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: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 320,602
  • 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: V
  • Land Acres: 0000007360
  • Standard Land Use Code: 8001
  • County Land Use Code: 0205
  • Legal Description 1: A TRACT OF LAND IN E2E2SW4 DESC AS: COMM AT THE NE COR OF THE SW4; TH WLY ALNG N LN OF SW4 A DIST 464.8'TO POB; TH CONT WLY

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966101

Geography

  • Parcel: 644000
  • Municipality: STERLING
  • Latitude: 40.627
  • Longitude: -103.289

    Address

  • Full Address: 15375 County Road 28.1
  • Address - House Number: 15375
  • Address - Street Name: County Road 28.1
  • State: CO
  • City Name: Sterling
  • Carrier Code: R005
  • 4-Digit Zip Code: 8734
  • Zip Code: 80751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,862
  • Tax Rate Code Area: 107

    Market Valuation

  • Market Total Value: $106,630
  • Market Land Value: $93,600
  • Market Improvement Value: $13,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,420
  • Assessed Land Value: $6,510
  • Assessed Improvements Value: $910
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 Logan

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$168

Above Asking

5.36%

Average Days on Market

64

Average Home Size

1704 ft²

Average Home Age

77.4 years

Currently For Sale

153 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

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IRES

Listed by: Jim Schaefer,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1031054
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 15375 County Rd 28 built and last sold?
The property at 15375 County Rd 28 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15375 County Rd 28 is $0.
What are some comparable homes to 15375 County Rd 28?
There are currently no comparable homes to 15375 County Rd 28.
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