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Lyons 80540
218 Main Street
$525,000
● House - Off Market

218 Main Street

Lyons, CO 80540
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,300 Ft²
$556,238
RealtyHop Estimate
1.13%
Since Feb 1, 2022
CO-Denver
Primary Model

About This Property

Sold before published. In town Lyons location. Some updates to home about 20 years ago including kitchen, lighting, paint, etc. New roof and gutters  (2015); Furnace (2021); main house appliances and H2O heater are 18-20 yrs. Upper square foot is an attic/loft space with basic finishes and the potential to create additional living space including a bathroom.  It is currently accessible via attic ladder. Second one-bed 485 SF studio unit on property is rented. Potential to be converted to an official Town of Lyons ADU. Updated in 2013 including new paint, carpet, flooring, gas range, wall heater.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$423
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1915

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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 #RECIR958697)

Price History

Date / Event Date Event Price
Jan 31, 2022 Sold
Premium
Sold
Dec 23, 2021 Listed by Tucker Group Real Estate $550,000
Listed by Tucker Group Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1980
  • Building Count: 3
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • 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: 6,716
  • Total Building Area: 2,280
  • Gross Building Area: 2,280
  • Building Area: 2,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYONS - LY
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 17 BLK 16 LYONS 3 IMPS

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013601

Geography

  • Assessors Map Reference: B8-D
  • Account Number: R0050347
  • Parcel: R0050347
  • Block: 16
  • Lot: 17
  • Meridian: SEC 18 TWN 3N RNG 70
  • Municipality: LYONS
  • Latitude: 40.2248
  • Longitude: -105.266

    Address

  • Full Address: 218 Main St
  • Address - House Number: 218
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CO
  • City Name: Lyons
  • Zip Code: 80540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $377,982
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 00-700

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 654,814
  • High Value: 767,004
  • Low Value: 542,623

    Market Valuation

  • Market Total Value: $594,775
  • Market Land Value: $55,900
  • Market Improvement Value: $538,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,237
  • Assessed Land Value: $3,782
  • Assessed Improvements Value: $36,455

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3942881
  • Previous Sale Recording Date: Nov 15, 2001
  • Previous Sale Contract Date: Sep 28, 2001
  • Previous Sale Document Type: 69
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 Lyons

Stats & Trends

Median Asking:

$892,500

Sale Price/ft²

$405

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2528 ft²

Average Home Age

40.4 years

Currently For Sale

18 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 218 Main Street built and last sold?
The property at 218 Main Street was built in 1915 and last sold on Jan 28, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 218 Main Street is $0.
What are some comparable homes to 218 Main Street?
There are currently no comparable homes to 218 Main Street.
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