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Weld 80550
235 Castle Drive
$465,000
● House - Off Market

235 Castle Drive

Severance, CO 80550
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,400 Ft²
$456,066
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Beautiful open floor plan ranch style home in Severance!  Located in desirable Overlook this stylish 3 bedroom, three bath home is sure to please!  Basement is permitted, framed and drywalled- ready for final touches!  Main floor laundry & central air!  Great outdoor space with bar area and separate patio for entertaining.  Fully fenced yard with sprinkler system. Don't miss this wonderful home!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$321
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
2018

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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 #RECIR960143)

Price History

Date / Event Date Event Price
Apr 11, 2022 Sold
Premium
Sold
Mar 4, 2022 Listed by Sears Real Estate $449,900
Listed by Sears Real Estate
Apr 16, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,319
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,609
  • Total Building Area: 3,079
  • Gross Building Area: 3,079
  • Building Area: 2,549
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,549
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERLOOK FG # 1
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 3 BLOCK 14 OVERLOOK FG #1

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Account Number: R8949566
  • Parcel: R8949566
  • Block: 14
  • Lot: 3
  • Latitude: 40.5155
  • Longitude: -104.865

    Address

  • Full Address: 235 Castle Dr
  • Address - House Number: 235
  • Address - Street Name: Castle
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Severance
  • Carrier Code: R014
  • 4-Digit Zip Code: 4874
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,804
  • Tax Rate Code Area: 5666

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 536,483
  • High Value: 613,849
  • Low Value: 459,117

    Market Valuation

  • Market Total Value: $493,283
  • Market Land Value: $105,000
  • Market Improvement Value: $388,283

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,050
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $26,010

    Sales

  • Current Sale Contract Date: Apr 08, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4817705
  • Previous Sale Recording Date: Apr 16, 2018
  • Previous Sale Contract Date: Apr 13, 2018
  • Previous Sale Amount: $300,941
  • Previous Sale Document Type: 68
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 Weld

Stats & Trends

Median Asking:

$495,900

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2227 ft²

Average Home Age

22.5 years

Currently For Sale

3120 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 235 Castle Drive built and last sold?
The property at 235 Castle Drive was built in 2018 and last sold on Apr 8, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 235 Castle Drive is $0.
What are some comparable homes to 235 Castle Drive?
There are currently no comparable homes to 235 Castle Drive.
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