16251 County Road 7
About This Property
Significant improvements include new decking and asphalt shingles installed in 2021, ensuring durability and curb appeal. The kitchen is well-equipped with a new garbage disposal, sink, faucet, and a range installed in 2021 as well as a new refrigerator in 2024, making meal prep effortless. Safety has been a priority with new smoke detectors (2021), fire detectors (2024), and a carbon monoxide alarm (2021) installed throughout the home. The heating system and central air conditioning were both installed in 2021, providing year-round comfort.
For added convenience, a new shutoff valve for the fuel tanks was installed in 2022, while the water heater, new well pump, well tank, and north hydrant were all replaced in 2020. Additionally, the sewer line was fully replaced in October 2024, offering a significant upgrade to the property's infrastructure.
Situated in a peaceful country setting, this home provides the perfect escape while still offering easy access to nearby amenities. With modern upgrades throughout, this is a move-in-ready opportunity you don't want to miss! Schedule your showing today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Listed by Berkshire Hathaway HomeServices Colorado Real Estate, LLC - Erie | $600,000 | |
| Listed by Berkshire Hathaway HomeServices Colorado Real Estate, LLC - Erie | |||
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Welcome to 16251 County Road 7, Wiggins, CO 80654, a beautifully maintained property offering a perfect blend of modern updates and rural charm. Nestled on a spacious lot, this home has been thoughtfully upgraded to provide both comfort and peace of mind for years to come.
Significant improvements include new decking and asphalt shingles installed in 2021, ensuring durability and curb appeal. The kitchen is well-equipped with a new garbage disposal, sink, faucet, and a range installed in 2021 as well as a new refrigerator in 2024, making meal prep effortless. Safety has been a priority with new smoke detectors (2021), fire detectors (2024), and a carbon monoxide alarm (2021) installed throughout the home. The heating system and central air conditioning were both installed in 2021, providing year-round comfort.
For added convenience, a new shutoff valve for the fuel tanks was installed in 2022, while the water heater, new well pump, well tank, and north hydrant were all replaced in 2020. Additionally, the sewer line was fully replaced in October 2024, offering a significant upgrade to the property's infrastructure.
Situated in a peaceful country setting, this home provides the perfect escape while still offering easy access to nearby amenities. With modern upgrades throughout, this is a move-in-ready opportunity you don't want to miss! Schedule your showing today!
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| Aug 1, 2024 | Listed | $630,000 | |
| Listed | |||
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World class sunsets and unobstructed views will be yours from the deck of this immaculate home! This peaceful country retreat, with no HOA, on almost 37 acres offers you the perfect blend of privacy and convenience! Updated kitchen with breakfast bar and beautiful wood floors. Separate dining room with built in china cabinet. Large primary bedroom with walk-in closet, an adjoining small office and 3/4 private bath. Laundry conveniently located off primary bedroom. Spacious living room with gas stove. Two outstanding covered decks. Numerous outbuildings including 2 open front sheds and a 3 car garage that has an attached greenhouse. Perfect set up for 4-H projects with animal pens and a chicken house. Quality water plus a well for outside watering. Roof, furnace & A/C approx. 3 years old. (Central air on one side of home only). Within minutes of I-76, and less than an hour to DIA. Call today to see the joys of peaceful acreage living.!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017