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Sterling 80751
226 Jefferson Street
$90,000
● House - Off Market

226 Jefferson Street

Sterling, CO 80751
bedrooms
3 Beds
bathrooms
1 Bath
square feet
872 Ft²
$114,935
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

3 BEDROOM HOUSE WITH ONE FULL BATH on a smaller lot for easy maintenance.  House has a living room, eat-in kitchen, full bath and a large laundry area off kitchen.  Covered patio can be used for outdoor entertainment area or a covered carport.  Mostly fenced yard with shed.  Property has been used and is currently occupied by long term tenants with good payment record.  The tenants would LOVE to remain in the property.
Unit Size
872 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$126
Property Type
House
Property Taxes
$21
HOA Dues
-
Year Built
1920

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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 #RECIR968958)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold
Premium
Sold
Jun 20, 2022 Listed by RE/MAX Homestead Northeast $110,000
Listed by RE/MAX Homestead Northeast
Aug 12, 2016 Sold
Premium
Sold
Aug 21, 2006 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1937
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 3
  • 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: 3
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,184
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 800
  • Total Building Area: 872
  • Building Area: 872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 872
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK 2ND ADDN
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: W 65' OF E 130' OF LOTS 9-10 BLK 2 PARK 2ND ADDN STERLING

Neighborhood

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

Geography

  • Parcel: 5094000
  • Block: 2
  • Lot: 9-10
  • Municipality: STERLING
  • Latitude: 40.6318
  • Longitude: -103.215

    Address

  • Full Address: 226 Jefferson St
  • Address - House Number: 226
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C004
  • 4-Digit Zip Code: 3123
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 872
  • Tax Year: 2023
  • Tax Amount: $13,844
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2497
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 130,131
  • High Value: 162,626
  • Low Value: 97,636

    Market Valuation

  • Market Total Value: $68,330
  • Market Land Value: $13,000
  • Market Improvement Value: $55,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,750
  • Assessed Land Value: $900
  • Assessed Improvements Value: $3,850

    Sales

  • Current Sale Contract Date: Mar 01, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 765359
  • Previous Sale Recording Date: Aug 12, 2016
  • Previous Sale Contract Date: Aug 12, 2016
  • Previous Sale Amount: $42,000
  • 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:

$231,500

Sale Price/ft²

$165

Above Asking

7.55%

Average Days on Market

62

Average Home Size

1447 ft²

Average Home Age

84.8 years

Currently For Sale

106 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 226 Jefferson Street built and last sold?
The property at 226 Jefferson Street was built in 1920 and last sold on Mar 1, 2023 for $90,000.
How much is this home worth?
The estimated value of the home located at 226 Jefferson Street is $0.
What are some comparable homes to 226 Jefferson Street?
There are currently no comparable homes to 226 Jefferson Street.
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