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Greeley 80631
1611 7th Avenue
$315,000
● House - Off Market

1611 7th Avenue

Greeley, CO 80631
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,812 Ft²
$320,537
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Cottage Style 3 bedroom 1 bath home with new paint inside and out! Located just one block from University of Northern Colorado. Newly finished wood floors on main level. New High Efficiency Furnace. 3rd Bedroom with additional flex space or option for 4th Bedroom in basement. Off Street parking with private drive (no garage). Conveniently located to Downtown Greeley's shopping, restaurants, and entertainment Greeley Ice Haus, Greeley Union Colony Civic Center and Rec Center.
Unit Size
1,812 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900

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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 #RECIR987924)

Price History

Date / Event Date Event Price
Jun 28, 2023 Sold
Premium
Sold
May 17, 2023 Listed by RE/MAX Alliance-Greeley $320,000
Listed by RE/MAX Alliance-Greeley

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2023
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 848
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,649
  • Total Building Area: 1,812
  • Gross Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,812
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COOK
  • Land Acres: 0000000084
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 2 BLOCK 1 COOK

Neighborhood

  • Census Tract: 000200

Geography

  • Account Number: R8981884
  • Parcel: R8981884
  • Block: 1
  • Lot: 2
  • Latitude: 40.4133
  • Longitude: -104.689

    Address

  • Full Address: 1611 7th Ave
  • Address - House Number: 1611
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C006
  • 4-Digit Zip Code: 5801
  • Zip Code: 80631

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1313
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 347,464
  • High Value: 393,091
  • Low Value: 301,838

    Market Valuation

  • Market Total Value: $292,673
  • Market Land Value: $25,543
  • Market Improvement Value: $267,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,610
  • Assessed Land Value: $1,710
  • Assessed Improvements Value: $17,900
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 Greeley

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1991 ft²

Average Home Age

43.5 years

Currently For Sale

661 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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Frequently Asked Questions

When was property at 1611 7th Avenue built and last sold?
The property at 1611 7th Avenue was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1611 7th Avenue is $0.
What are some comparable homes to 1611 7th Avenue?
There are currently no comparable homes to 1611 7th Avenue.
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