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Akron 80720
175 W 6th Street
$295,000
● House - Off Market

175 W 6th Street

Akron, CO 80720
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,651 Ft²
$297,297
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Small town living at its finest! This 4 bed, 3 bath house sits on a large corner lot. The property has its very own well which runs the in ground sprinkler system. This will save any buyer money while keeping the lawn nice and green. The house features a lovely sunroom, perfect for any time of the year, and a cozy fireplace in the family room. If the one car attached garage is not enough, there is an oversized, insulated, and heated 2 car detached garage as well. In close proximity to the City Park and the Downtown area.
Unit Size
2,651 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$111
Property Type
House
Property Taxes
$84
HOA Dues
-
Year Built
1924

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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 #RECIR949813)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Feb 11, 2022 Sold
Premium
Sold
Aug 28, 2021 Listed by Town Square Realty $295,000
Listed by Town Square Realty
Sep 29, 2020 Sold
Premium
Sold
Jul 31, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1965
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 10
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 888
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,548
  • Gross Building Area: 2,784
  • Building Area: 1,548
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 2
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AK HENDERSON 1ST ADD
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: HENDERSON 1ST BLK 4 LOT 5 REC#879702

Neighborhood

  • School District Name: Akron School District R-1
  • Census Tract: 924200

Geography

  • Parcel: 92003004005
  • Block: 4
  • Lot: 5
  • Municipality: AKRON SCHOOL
  • Latitude: 40.1653
  • Longitude: -103.213

    Address

  • Full Address: 175 W 7th St
  • Address - House Number: 175
  • Street Direction: W
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Akron
  • Carrier Code: C002
  • 4-Digit Zip Code: 1118
  • Zip Code: 80720

Valuation

    Tax

  • Total Area: 2,436
  • Tax Year: 2023
  • Tax Amount: $136,710
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 323,237
  • High Value: 470,050
  • Low Value: 176,423

    Market Valuation

  • Market Total Value: $126,373
  • Market Land Value: $7,840
  • Market Improvement Value: $118,533

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,783
  • Assessed Land Value: $545
  • Assessed Improvements Value: $8,238

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 879702
  • Previous Sale Recording Date: Sep 29, 2020
  • Previous Sale Contract Date: Sep 29, 2020
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 36
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 Akron

Stats & Trends

Median Asking:

$226,750

Sale Price/ft²

$113

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1287 ft²

Average Home Age

88.5 years

Currently For Sale

19 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 175 West 6th Street built and last sold?
The property at 175 West 6th Street was built in 1924 and last sold on Jan 11, 2022 for $390,000.
How much is this home worth?
The estimated value of the home located at 175 West 6th Street is $307,590.
What are some comparable homes to 175 West 6th Street?
There are currently no comparable homes to 175 West 6th Street.
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