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Morgan 80701
18488 Centennial Rd
$205,000
● House - Off Market

18488 Centennial Rd

Fort Morgan, CO 80701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,128 Ft²
$1,104
Est. Monthly
14.06%
Cap Rate

About This Property

Great investment or flip potential. and being sold "as is"  Cash only.  Please call with any questions. Thank You
Unit Size
2,128 Ft²
Days on Market
-
Land Size
2.74 acres
Price per sqft
$103
Property Type
House
Property Taxes
$24
HOA Dues
-
Year Built
1998

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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 (IRES MLS #1015326)

Price History

Date / Event Date Event Price
Aug 29, 2024 Sold
Premium
Sold
Aug 21, 2024 In contract -
In contract
Jul 28, 2024 Listed by The Urdiales Group $219,900
Listed by The Urdiales Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,623
  • Gross Building Area: 2,623
  • Building Area: 2,623
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTENNIAL ESTATES SUB REPL LTS 4-9
  • Standard Land Use Code: 1006
  • Mobile Home Indicator: T
  • Legal Description 1: SUBD CENTENNIAL ESTATES SUB REPL LTS 4-9 FM MBL HOME TITLE 15E326081 SERIAL P284060AB YEAR 1998 MAKE SCH SIZE 28 X 76 SPACE 0

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000300

Geography

  • Parcel: M001588
  • Lot: 4-9
  • Municipality: CD FP MFD MS QW SP
  • Latitude: 40.2666
  • Longitude: -103.856

    Address

  • Full Address: 18488 Centennial Rd
  • Address - House Number: 18488
  • Address - Street Name: Centennial
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: R002
  • 4-Digit Zip Code: 8811
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 2,128
  • Tax Year: 2023
  • Tax Amount: $66,124
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 248

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 83
  • Final Value: 252,882
  • High Value: 288,730
  • Low Value: 217,033

    Market Valuation

  • Market Total Value: $148,360
  • Market Improvement Value: $148,360

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,310
  • Assessed Improvements Value: $10,310
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 Morgan

Stats & Trends

Median Asking:

$339,750

Sale Price/ft²

$200

Below Asking

0.03%

Average Days on Market

62

Average Home Size

2119 ft²

Average Home Age

51.6 years

Currently For Sale

261 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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IRES

Listed by: Brian Urdiales, The Urdiales Group
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1015326
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 18488 Centennial Road built and last sold?
The property at 18488 Centennial Road was built in 1998 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 18488 Centennial Road is $234,741.
What are some comparable homes to 18488 Centennial Road?
There are currently no comparable homes to 18488 Centennial Road.
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