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Greeley 80631
1615 11th Avenue
$550,000
● House - Off Market

1615 11th Avenue

Greeley, CO 80631
bedrooms
Studio
bathrooms
0 Bath
$578,991
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Spruced up, rented to great tenants through 5/31/21. See this again if you've seen it before!! PRIME COLLEGE RENTAL NEXT TO UNC.Currently rented as full house for$3400. Can be split into 2 units. High efficiency forced air, laundry on site, parking on site. Also could be rented room by room. This could easily be made into a 3 unit by added one wall. Separate kitchen upstairs. Property management can stay with property or bring your own.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1906

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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 #RECIR960711)

Price History

Date / Event Date Event Price
Aug 23, 2022 Sold
Premium
Sold
Mar 12, 2022 Listed by Resident Realty $560,000
Listed by Resident Realty
Dec 20, 2002 Sold
Premium
Sold
Jun 5, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 893
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,550
  • Total Building Area: 3,229
  • Gross Building Area: 3,229
  • Building Area: 3,229
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,229
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRANFORD
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 3749 L5 BLK4 CRANFORD

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 000401

Geography

  • Assessors Map Reference: MAP 1324
  • Account Number: R3157586
  • Parcel: R3157586
  • Block: 4
  • Lot: 5
  • Meridian: SEC 7 TWN 5N RNG 65W
  • Latitude: 40.4132
  • Longitude: -104.697

    Address

  • Full Address: 1615 11th Ave
  • Address - House Number: 1615
  • Address - Street Name: 11th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: C042
  • 4-Digit Zip Code: 5504
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 3,229
  • Tax Year: 2023
  • Tax Amount: $204,278
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.1383
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 502,952
  • High Value: 572,542
  • Low Value: 433,363

    Market Valuation

  • Market Total Value: $432,029
  • Market Land Value: $76,400
  • Market Improvement Value: $355,629

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,950
  • Assessed Land Value: $5,120
  • Assessed Improvements Value: $23,830

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4850388
  • Previous Sale Recording Date: Aug 23, 2022
  • Previous Sale Contract Date: Aug 19, 2022
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: 55

    Financing

  • First Mortgage Financing Type: ADJ
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

677 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 1615 11th Avenue built and last sold?
The property at 1615 11th Avenue was built in 1906 and last sold on Aug 19, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 1615 11th Avenue is $0.
What are some comparable homes to 1615 11th Avenue?
There are currently no comparable homes to 1615 11th Avenue.
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