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Bennett 80102
248 Madison Dr
$375,000
● House - Off Market

248 Madison Dr

Bennett, CO 80102
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,162 Ft²
$2,032
Est. Monthly

About This Property

This charming 3-bedroom, 1.5-bath home has been freshly updated to feel bright, clean, and welcoming throughout its 1,162 square feet of living space. Recent improvements include new exterior paint and new interior paint, new laminate flooring, and new carpet, creating a fresh, modern feel in every room. The attached 1-car garage adds everyday convenience, while the thoughtful updates make this home truly move-in ready. Whether you're enjoying a quiet night in or welcoming friends and family, this home offers a comfortable, refreshed space ready for its next chapter.
Unit Size
1,162 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$331
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1982

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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: 7 months ago (REcolorado MLS #IRE4978507)

Price History

Date / Event Date Event Price
Mar 24, 2026 Sold
Premium
Sold
Jan 29, 2026 Listed $384,973
Listed
Nov 1, 2018 Sold
Premium
Sold
Jul 31, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 384
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,462
  • Gross Building Area: 1,462
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTENNIAL ADD NO 3
  • Land Acres: 0000000117
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:CENTENNIAL ADD NO 3 BLK:4 LOT:15

Neighborhood

  • School District Name: Bennett School District 29-J
  • School Tax School District: SD 29-BENNETT
  • Census Tract: 008401

Geography

  • Assessors Map Reference: 793-J
  • Account Number: R0083140
  • Parcel: R0083140
  • Block: 4
  • Lot: 15
  • Meridian: SEC 28 QTR 4 TWN 03S RNG 63W
  • Latitude: 39.7537
  • Longitude: -104.441

    Address

  • Full Address: 248 Madison Dr
  • Address - House Number: 248
  • Address - Street Name: Madison
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Bennett
  • Carrier Code: R003
  • 4-Digit Zip Code: 7850
  • Zip Code: 80102

Valuation

    Tax

  • Total Area: 1,162
  • Tax Year: 2022
  • Tax Amount: $182,322
  • Tax Rate Code Area: 43-433

    Appraisal Valuation

  • Standard Deviation: 0.1351
  • Valuation Date: May 17, 2023
  • Confidence Score: 84
  • Final Value: 375,870
  • High Value: 426,656
  • Low Value: 325,084

    Market Valuation

  • Market Total Value: $347,000
  • Market Land Value: $70,000
  • Market Improvement Value: $277,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,480
  • Assessed Land Value: $4,740
  • Assessed Improvements Value: $18,740

    Sales

  • Current Sale Contract Date: Oct 29, 2018
  • Current Sale Recording Date: Nov 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018000088750
  • Previous Sale Recording Date: Jul 31, 2014
  • Previous Sale Contract Date: Jul 21, 2014
  • Previous Sale Amount: $106,640
  • 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 Bennett

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$236

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1855 ft²

Average Home Age

3.9 years

Currently For Sale

125 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

Click here to view more rentals in the neighborhood.
REcolorado

Listed by: Jennifer Heineman,
Last Updated: 7 months ago
Data Source: REcolorado MLS, MLS# IRE4978507
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 248 Madison Drive built and last sold?
The property at 248 Madison Drive was built in 1982 and last sold on Oct 29, 2018 for $259,000.
How much is this home worth?
The estimated value of the home located at 248 Madison Drive is $0.
What are some comparable homes to 248 Madison Drive?
There are currently no comparable homes to 248 Madison Drive.
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