$397,000
●
House -
Off Market
251 Johnson St
Frederick, CO 80530
2 Beds
2 Baths
1,092 Ft²
$2,182
Est. Monthly
5.65%
Cap Rate
About This Property
Affordable First Home Or Investment Opportunity! "1922" Ranch home
in Unincorporated Weld County located between Frederick and
Firestone. Any work permits are with the county which leans towards
being less restrictive than the municipality. Home sits on corner
double lot and alley access just waiting for you, the contractor,
hobbyist, or anyone wanting space to do their own thing. Completely
remodeled kitchen and bath, new windows 2019, new roof 2024. Cozy
living room with fireplace, nice size dining room, two spacious
bedrooms, two baths, laundry room /back porch with access to
backyard with sprinkler system and hot tub. Perfect property for
first time home buyers or investors! Fully fenced yard with ally
access, large shed and room to build garage. Basement/cellar with
plenty of storage space. Home located one block from original old
Town Frederick near Miner's square & Crist Park, restaurants, bank
and post office. Price to sell quickly! Bring your offers today!
Convenient to I-25 and HWY 85. Sold AS-IS
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$364
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1922
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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: 11 months ago (REcolorado MLS #2075703)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by RE/MAX Elevate | $397,700 | |
| Listed by RE/MAX Elevate | |||
| | |||
|
Affordable First Home Or Investment Opportunity! "1922" Ranch home in Unincorporated Weld County located between Frederick and Firestone. Any work permits are with the county which leans towards being less restrictive than the municipality. Home sits on corner double lot and alley access just waiting for you, the contractor, hobbyist, or anyone wanting space to do their own thing. Completely remodeled kitchen and bath, new windows 2019, new roof 2024. Cozy living room with fireplace, nice size dining room, two spacious bedrooms, two baths, laundry room /back porch with access to backyard with sprinkler system and hot tub. Perfect property for first time home buyers or investors! Fully fenced yard with ally access, large shed and room to build garage. Basement/cellar with plenty of storage space. Home located one block from original old Town Frederick near Miner's square & Crist Park, restaurants, bank and post office. Price to sell quickly! Bring your offers today! Convenient to I-25 and HWY 85. Sold AS-IS
| |||
| Mar 17, 2016 | Sold | ||
| Sold | |||
| Mar 13, 2008 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Weld
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Listed by: Tammy Milano, RE/MAX Elevate
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 2075703
© 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.
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 2075703
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