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Boulder 80540
2203 Riverside Drive
$153,500
● House - Off Market

2203 Riverside Drive

Lyons, CO 80540
bedrooms
1 Bed
bathrooms
0 Bath
square feet
576 Ft²
$989
Est. Monthly
10.67%
Cap Rate

About This Property

Diamond in the rough.  A perfect long term Glamping opportunity.  Rustic cabin & outhouse on picturesque property with 150 feet of river frontage.  Large rocky forested hill behind cabin is adjacent to National Forest with views of back range.  Although a legal residential lot, the odds of living here permanently are slim to expensive.  The electrified cabin can be repaired but not enlarged.  Currently the only legal access is to walk across the creek as the bridge washed away in the 2013 flood.  It can be rebuilt, $1K-$100K.  A new septic system is doubtful to expensive.  Lots of hiking trails nearby.  Easy access to Estes, Nederland, Lyons & Boulder.  Call Agent to set showing.  Seller will consider Owner Financing: Full price, 50% down, 10% interest, 1-3 year balloon note.
Unit Size
576 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$321
Property Type
House
Property Taxes
$80
HOA Dues
-
Year Built
1949

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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 #RECIR997361)

Price History

Date / Event Date Event Price
May 14, 2024 Sold
Premium
Sold
Oct 2, 2023 Listed by Berkshire Hathaway-Boulder $185,000
Listed by Berkshire Hathaway-Boulder
Mar 17, 2008 Sold
Premium
Sold
Sep 19, 2005 Sold
Premium
Sold
May 25, 2005 Listed by Berkshire Hathaway-Boulder $149,900
Listed by Berkshire Hathaway-Boulder

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 0
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 73,878
  • Total Building Area: 576
  • Gross Building Area: 576
  • Building Area: 576
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 576
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAYMOND 2 - MT
  • Land Acres: 0000001696
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOTS 1 & 2 BLK 2 RAYMONDS 2 & 10 FT ADJ ON WEST & PT SOUTH -AKA PARCELS A,B,&C -2 IMPS

Neighborhood

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

Zoning

  • Zoning: F

Geography

  • Assessors Map Reference: N-E
  • Account Number: R0053740
  • Parcel: R0053740
  • Block: 2
  • Lot: 1
  • Meridian: SEC 04 TWN 2N RNG 72
  • Municipality: MOUNTAIN
  • Latitude: 40.1588
  • Longitude: -105.455

    Address

  • Full Address: 2203 Riverside Dr
  • Address - House Number: 2203
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Lyons
  • Zip Code: 80540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $95,846
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 00-810

    Appraisal Valuation

  • Standard Deviation: 0.0674
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 96
  • Final Value: 185,513
  • High Value: 198,019
  • Low Value: 173,008

    Market Valuation

  • Market Total Value: $252,800
  • Market Land Value: $59,900
  • Market Improvement Value: $192,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,102
  • Assessed Land Value: $4,052
  • Assessed Improvements Value: $13,050

    Sales

  • Current Sale Contract Date: Mar 13, 2008
  • Current Sale Recording Date: Mar 17, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2916937
  • Previous Sale Recording Date: Sep 19, 2005
  • Previous Sale Contract Date: Sep 16, 2005
  • Previous Sale Amount: $135,000
  • 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 Boulder

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$376

Above Asking

0.00%

Average Days on Market

55

Average Home Size

2327 ft²

Average Home Age

37.8 years

Currently For Sale

2317 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 2203 Riverside Drive built and last sold?
The property at 2203 Riverside Drive was built in 1949 and last sold on Mar 13, 2008 for $151,900.
How much is this home worth?
The estimated value of the home located at 2203 Riverside Drive is $0.
What are some comparable homes to 2203 Riverside Drive?
There are currently no comparable homes to 2203 Riverside Drive.
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