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Akron 80720
266 Cedar Avenue
$179,000
● House - Off Market

266 Cedar Avenue

Akron, CO 80720
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,492 Ft²
$197,205
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Fabulous little home in the heart of Akron! This home is within walking distance to parks, the downtown, school, swimming pool & more!  A 4 bedroom, 1 bath home with wide open floor plan, bright sun coming in the several windows and best of all A BRAND NEW KITCHEN with Granite counter tops & beautiful back splash. Main level living with main level laundry, but still a basement for storage or extra living if needed. With the recent remodel all the flooring is new, appliances, paint & more. This is turn key ready for any Buyer, first home, or downsize!
Unit Size
1,492 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$120
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
1938

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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 #RECIR954495)

Price History

Date / Event Date Event Price
Dec 20, 2021 Sold
Premium
Sold
Nov 4, 2021 Listed by Colorado Land Co. LLC $179,000
Listed by Colorado Land Co. LLC
Sep 26, 2015 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 360
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,492
  • Gross Building Area: 1,867
  • Building Area: 1,492
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 10
  • Heated Square Feet: 1,492
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AK 1ST ADDITION
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: AKRON 1ST BLK 15 LOT 11 REC#879383

Neighborhood

  • School District Name: Akron School District R-1
  • Census Tract: 924200

Geography

  • Parcel: 92002015009
  • Block: 15
  • Lot: 11
  • Municipality: AKRON SCHOOL
  • Latitude: 40.1607
  • Longitude: -103.208

    Address

  • Full Address: 266 Cedar Ave
  • Address - House Number: 266
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Akron
  • Carrier Code: C001
  • 4-Digit Zip Code: 1537
  • Zip Code: 80720

Valuation

    Tax

  • Total Area: 1,852
  • Tax Year: 2023
  • Tax Amount: $110,422
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 108,000
  • High Value: 157,053
  • Low Value: 58,946

    Market Valuation

  • Market Total Value: $95,151
  • Market Land Value: $5,600
  • Market Improvement Value: $89,551

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,613
  • Assessed Land Value: $389
  • Assessed Improvements Value: $6,224

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 879383
  • Previous Sale Recording Date: Sep 26, 2015
  • Previous Sale Amount: $26,100
  • Previous Sale Document Type: 27
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 Akron

Stats & Trends

Median Asking:

$226,750

Sale Price/ft²

$122

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1306 ft²

Average Home Age

88 years

Currently For Sale

20 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

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Frequently Asked Questions

When was property at 266 Cedar Avenue built and last sold?
The property at 266 Cedar Avenue was built in 1938 and last sold on Dec 17, 2021 for $179,000.
How much is this home worth?
The estimated value of the home located at 266 Cedar Avenue is $0.
What are some comparable homes to 266 Cedar Avenue?
There are currently no comparable homes to 266 Cedar Avenue.
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