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Sterling 80751
201 Colorado Place
$215,000
● House - Off Market

201 Colorado Place

Sterling, CO 80751
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,014 Ft²
$235,095
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

GREAT 4 CAR GARAGE THAT INCLUDES AN AMAZING HOME! DON'T MISS YOUR CHANCE TO OWN THIS CORNER LOT WITH EVERYTHING YOU MAY NEED. STEP INSIDE THE HOME AND BE GREETED BY ORIGINAL HARDWOOD FLOORS, UPDATED WINDOWS, HVAC SYSTEM, PEX WATER LINES, & 50 YEAR SHINGLES. STEP THRU THE FULLY ENCLOSED BREEZEWAY (ADDED LIVING SPACE NOT IN SQUARE FOOTAGE LISTED) TO ONE OF THE 2 CAR GARAGES.  BREEZEWAY OPENS NOT JUST TO THE DRIVEWAY ON THE EAST BUT TO THE FENCED YARD TO THE WEST. WITH THE CLOTHES WASHER & DRYER INCLUDED, THERE'S NO NEED TO BUY ANY APPLIANCES. DON'T MISS YOUR CHANCE TO OWN THIS HOME, CALL TODAY.
Unit Size
1,014 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$222
Property Type
House
Property Taxes
$70
HOA Dues
-
Year Built
1954

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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 #RECIR978197)

Price History

Date / Event Date Event Price
Feb 13, 2023 Sold
Premium
Sold
Nov 2, 2022 Listed by Choice Real Estate $225,000
Listed by Choice Real Estate
Mar 27, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1968
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,930
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 799
  • Total Building Area: 1,041
  • Building Area: 1,041
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,041
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARMONY 3RD
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 9 BLK 9 CHARMONY ADDN 3RD FILING STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966102

Geography

  • Parcel: 6562000
  • Block: 9
  • Lot: 9
  • Municipality: STERLING
  • Latitude: 40.6425
  • Longitude: -103.194

    Address

  • Full Address: 201 Colorado Pl
  • Address - House Number: 201
  • Address - Street Name: Colorado
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Sterling
  • Carrier Code: C007
  • 4-Digit Zip Code: 2415
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,041
  • Tax Year: 2023
  • Tax Amount: $59,158
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 229,887
  • High Value: 278,067
  • Low Value: 181,707

    Market Valuation

  • Market Total Value: $146,920
  • Market Land Value: $30,750
  • Market Improvement Value: $116,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,210
  • Assessed Land Value: $2,140
  • Assessed Improvements Value: $8,070

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 765213
  • Previous Sale Recording Date: Mar 27, 2015
  • Previous Sale Contract Date: Mar 27, 2015
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 71
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 Sterling

Stats & Trends

Median Asking:

$234,500

Sale Price/ft²

$165

Above Asking

7.44%

Average Days on Market

64

Average Home Size

1450 ft²

Average Home Age

84.6 years

Currently For Sale

104 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 201 Colorado Place built and last sold?
The property at 201 Colorado Place was built in 1954 and last sold on Feb 13, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 201 Colorado Place is $0.
What are some comparable homes to 201 Colorado Place?
There are currently no comparable homes to 201 Colorado Place.
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