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Custer 81252
2400 CO RD 305
$198,000
● House - Off Market

2400 CO RD 305

Westcliffe, CO 81252
bedrooms
2 Beds
bathrooms
1 Bath
square feet
512 Ft²
$242,969
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Looking to live simpler in this modern world? You will find yourself content with solitude and quiet in this cozy 512 sq ft home resting on 36 acres. Offering Sangre De Cristo views and only 12 minutes to the quaint town of Westcliffe! Beautiful beetle kill pine lumber throughout, laminate flooring and complete with a classic wood cooking stove. Three non conforming bedrooms and one bath serve perfectly for numerous needs. The Dark Sky of the Wet Mountain Valley allows you to stargaze like never before. Off grid with an excellent well! Roam freely, feel the weight of the world lifted and reset with this gem of a property.
Unit Size
512 Ft²
Days on Market
-
Land Size
36.00 acres
Price per sqft
$459
Property Type
House
Property Taxes
$59
HOA Dues
$8
Year Built
2017

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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 #REC8931463)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jul 3, 2022 No longer available -
No longer available
Jul 2, 2022 Listed by Code of the West Real Estate $235,000
Listed by Code of the West Real Estate
Jun 28, 2017 Sold
Premium
Sold
Jul 2, 2008 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 27
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 4
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,589,940
  • Total Building Area: 512
  • Gross Building Area: 768
  • Building Area: 512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 512
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTENNIAL RANCH
  • Land Acres: 0000036500
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 38 CENTENNIAL RANCH

Neighborhood

  • School District Name: Custer County School District C-1
  • Census Tract: 970101

Geography

  • Parcel: 0010236117
  • Lot: 38
  • Municipality: RURAL CUSTER COUNTY
  • Latitude: 37.9851
  • Longitude: -105.318

    Address

  • Full Address: 2400 County Road 305
  • Address - House Number: 2400
  • Address - Street Name: County Road 305
  • State: CO
  • City Name: Westcliffe
  • Carrier Code: R001
  • 4-Digit Zip Code: 8333
  • Zip Code: 81252

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $61,292
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.245
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 244,278
  • High Value: 304,148
  • Low Value: 184,408

    Market Valuation

  • Market Total Value: $198,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,300

    Sales

  • Current Sale Contract Date: Aug 13, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 246340
  • Previous Sale Recording Date: Jun 28, 2017
  • Previous Sale Contract Date: Jun 28, 2017
  • Previous Sale Amount: $38,000
  • 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 Custer

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$308

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2275 ft²

Average Home Age

25.2 years

Currently For Sale

135 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

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Frequently Asked Questions

When was property at 2400 County Rd 305 built and last sold?
The property at 2400 County Rd 305 was built in 2017 and last sold on Aug 13, 2022 for $198,000.
How much is this home worth?
The estimated value of the home located at 2400 County Rd 305 is $0.
What are some comparable homes to 2400 County Rd 305?
There are currently no comparable homes to 2400 County Rd 305.
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