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Morgan 80654
18628 County Road 8
$343,370
● House - Off Market

18628 County Road 8

Wiggins, CO 80654
bedrooms
2 Beds
bathrooms
1 Bath
square feet
952 Ft²
$347,817
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Home in the Country! Looking for a place to call your own with close to 40 acres and limitless possibilities? This freshly painted home offers plenty of space to stretch out and do "your own thing". Zoning allows for horses, and other types of livestock. The large garage has the room for those car and shop projects AND has room for those toys. Mature trees offer both shade and privacy. Priced right. Take a look today!
Unit Size
952 Ft²
Days on Market
-
Land Size
39.78 acres
Price per sqft
$368
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1977

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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 #RECIR994058)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Aug 10, 2023 Listed by Colorado Land Co. LLC $350,000
Listed by Colorado Land Co. LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1979
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 15
  • Interior Walls Type: 18
  • 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: 4
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,732,773
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALOMINO RANCHES MINOR SUB
  • Land Acres: 0000039779
  • Standard Land Use Code: 1001
  • Legal Description 1: SUBD PALOMINO RANCHES MINOR SUB WI (33-4-59) LOT 002 S 33 T 4 R 59 PARC S12N12 B889 P681

Neighborhood

  • School District Name: Wiggins School District RE-50J
  • Census Tract: 000200

Geography

  • Parcel: R015723
  • Lot: 2
  • Meridian: SEC 33 TWN 04 RNG 59
  • Municipality: CD MS WFD
  • Latitude: 40.2707
  • Longitude: -103.999

    Address

  • Full Address: 18628 County Road 8
  • Address - House Number: 18628
  • Address - Street Name: County Road 8
  • State: CO
  • City Name: Wiggins
  • Carrier Code: R001
  • 4-Digit Zip Code: 8802
  • Zip Code: 80654

Valuation

    Tax

  • Total Area: 1,336
  • Tax Year: 2023
  • Tax Amount: $117,464
  • Tax Rate Code Area: 305

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 94
  • Final Value: 349,081
  • High Value: 376,974
  • Low Value: 321,188

    Market Valuation

  • Market Total Value: $260,130
  • Market Land Value: $101,080
  • Market Improvement Value: $159,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,080
  • Assessed Land Value: $7,030
  • Assessed Improvements Value: $11,050

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 948259
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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Frequently Asked Questions

When was property at 18628 County Rd 8 built and last sold?
The property at 18628 County Rd 8 was built in 1977 and last sold on Sep 28, 2023 for $343,370.
How much is this home worth?
The estimated value of the home located at 18628 County Rd 8 is $0.
What are some comparable homes to 18628 County Rd 8?
There are currently no comparable homes to 18628 County Rd 8.
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