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Johnstown 80534
244 Sandstone Drive
$500,000
● House - Off Market

244 Sandstone Drive

Johnstown, CO 80534
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,540 Ft²
$505,521
RealtyHop Estimate
0.10%
Since Oct 1, 2022
CO-Denver
Primary Model

About This Property

Looking for a place to call home where you can truly RELAX?! Look no further! With 5 bedrooms, 3 bathrooms and a 2 car garage, you will have plenty of space to spread out. In addition to the built-in fire pit and pergola on the newly poured concrete patio, this home is truly an entertainers dream. Downstairs you will find a freshly remodeled workout room, basement bar and a wonderful basement recreation room area. Never run out of hot water, with a tankless hot water heater!  Relax in the INCLUDED hot tub, knowing you're NOT paying a METRO TAX while enjoying the gorgeous Colorado sunsets. Schedule a showing today. This will not last!
Unit Size
2,540 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$199
Property Type
House
Property Taxes
$247
HOA Dues
$20
Year Built
2002

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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 #RECIR972004)

Price History

Date / Event Date Event Price
Sep 21, 2022 Sold
Premium
Sold
Jul 27, 2022 Listed by RE/MAX Alliance-Crossroads $505,000
Listed by RE/MAX Alliance-Crossroads
Sep 25, 2018 Sold
Premium
Sold
Sep 24, 2018 No longer available -
No longer available
Aug 22, 2018 Listed by RE/MAX Alliance-Crossroads $358,000
Listed by RE/MAX Alliance-Crossroads
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,353
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 3,140
  • Gross Building Area: 3,140
  • Building Area: 2,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKSBURY RIDGE 1ST FG
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: JOH 1RR L24 BLK2 ROCKSBURY RIDGE 1ST FG

Neighborhood

  • School District Name: Johnstown-Milliken School District RE-5J
  • Census Tract: 002107

Geography

  • Assessors Map Reference: MAP 2305
  • Account Number: R0970301
  • Parcel: R0970301
  • Block: 2
  • Lot: 24
  • Meridian: SEC 2 TWN 4N RNG 68W 6TH PM
  • Latitude: 40.3395
  • Longitude: -104.97

    Address

  • Full Address: 244 Sandstone Dr
  • Address - House Number: 244
  • Address - Street Name: Sandstone
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Johnstown
  • Carrier Code: R005
  • 4-Digit Zip Code: 9463
  • Zip Code: 80534

Valuation

    Tax

  • Total Area: 2,720
  • Tax Year: 2023
  • Tax Amount: $269,698
  • Tax Rate Code Area: 0568

    Appraisal Valuation

  • Standard Deviation: 0.1331
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 521,756
  • High Value: 591,241
  • Low Value: 452,272

    Market Valuation

  • Market Total Value: $489,836
  • Market Land Value: $85,000
  • Market Improvement Value: $404,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,820
  • Assessed Land Value: $5,700
  • Assessed Improvements Value: $27,120

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4856558
  • Previous Sale Recording Date: Sep 25, 2018
  • Previous Sale Contract Date: Sep 12, 2018
  • Previous Sale Amount: $350,000
  • 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 Johnstown

Stats & Trends

Median Asking:

$499,050

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2145 ft²

Average Home Age

10.5 years

Currently For Sale

315 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 244 Sandstone Drive built and last sold?
The property at 244 Sandstone Drive was built in 2002 and last sold on Sep 16, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 244 Sandstone Drive is $0.
What are some comparable homes to 244 Sandstone Drive?
There are currently no comparable homes to 244 Sandstone Drive.
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