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Logan 80751
1612 Sidney Avenue
$329,000
● House - Off Market

1612 Sidney Avenue

Sterling, CO 80751
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,616 Ft²
$1,842
Est. Monthly
9.17%
Cap Rate

About This Property

A little bit of city and a whole lot of country: this incredible property has the best of both worlds, located less than a mile outside of city limits! You can have chickens, a garden, established fruit trees, a beautiful fenced in backyard and you are only 5 minutes from town. The inside of this spectacular home has 4 bedrooms, 3 baths, 2 furnaces, 2 central air units, 2 fire places (1 gas, 1 wood) open floor plan for dining and living room, a large family area in basement. Bathrooms and kitchen have all been updated.  Siding is brand new. This house is on its own well and septic.
Unit Size
2,616 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$133
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1970

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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: 3 years ago (REcolorado MLS #RECIR989449)

Price History

Date / Event Date Event Price
Dec 21, 2023 Sold
Premium
Sold
Jun 7, 2023 Listed by Choice Real Estate $349,000
Listed by Choice Real Estate
Feb 21, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1981
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 936
  • Garage Type: 1
  • Garage Square Area: 702
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 1,362
  • Lot Size Frontage Feet: 1,581
  • Total Building Area: 2,616
  • Building Area: 2,616
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,616
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRANDT SUBD
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LT 3 BLK 1 BRANDT SUBD 21-08-52

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966102

Geography

  • Parcel: 38052521328003
  • Block: 1
  • Lot: 3
  • Municipality: STERLING
  • Latitude: 40.6462
  • Longitude: -103.202

    Address

  • Full Address: 1612 Sidney Ave
  • Address - House Number: 1612
  • Address - Street Name: Sidney
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Sterling
  • Carrier Code: R002
  • 4-Digit Zip Code: 2210
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 2,616
  • Tax Year: 2023
  • Tax Amount: $115,922
  • Tax Rate Code Area: 113

    Appraisal Valuation

  • Standard Deviation: 0.1002
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 90
  • Final Value: 337,182
  • High Value: 370,988
  • Low Value: 303,375

    Market Valuation

  • Market Total Value: $285,920
  • Market Land Value: $45,500
  • Market Improvement Value: $240,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,870
  • Assessed Land Value: $3,160
  • Assessed Improvements Value: $16,710

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 769038
  • Previous Sale Recording Date: Feb 21, 2018
  • Previous Sale Contract Date: Feb 21, 2018
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: 71
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:

$252,500

Sale Price/ft²

$168

Above Asking

5.39%

Average Days on Market

64

Average Home Size

1699 ft²

Average Home Age

77.6 years

Currently For Sale

154 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 1612 Sidney Avenue built and last sold?
The property at 1612 Sidney Avenue was built in 1970 and last sold on Dec 21, 2023 for $329,000.
How much is this home worth?
The estimated value of the home located at 1612 Sidney Avenue is $354,558.
What are some comparable homes to 1612 Sidney Avenue?
There are currently no comparable homes to 1612 Sidney Avenue.
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