$250,000
●
House -
For Sale
2706 7th Ave
Garden City, CO 80631
2 Beds
1 Bath
1,012 Ft²
$1,308
Est. Monthly
7.41%
Cap Rate
About This Property
$5000 LENDER CREDIT and ready for an FHA/VA Buyer! Appraised at
$250K. Cute 1930's bungalow that has had some major HOME UPDATES:
2025: Freshly painted exterior, interior paint/drywall repairs, new
back steps & front porch railing. 2021: Roof Replaced Added Kohler
Natural Gas, fully-automated, Whole House Generator ($17K),
Bathroom Remodel, New Insulation in Attic. 2020: NEW Anderson
windows ($30K), & Central A/C installed. 2017: Garage Door Opener &
NEW Metal Garage Roof. 2 bed, 1 bath with detached, 1-car garage
sitting on a 7000 SF lot. Main level windows bring in good light
throughout. All appliances, washer/dryer included. Home has good
bones, a clean structural engineering report & a roof
certification, so come check out the possibilities this property
has to offer! (Buyer backed out just before seller had finished
making FHA-required repairs by buyer's lender.)
Unit Size
1,012 Ft²
Days on Market
321 days
Land Size
0.17 acres
Price per sqft
$247
Property Type
House
Property Taxes
$80
HOA Dues
-
Year Built
1938
Listed By
Robin Glasener
Sellstate Altitude Property Group
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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: 9 months ago (IRES MLS #1039379)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Relisted | $240,000 | |
| Relisted | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed | $240,000 | |
| Listed | |||
| | |||
|
Appraised at $250K, FHA. Cute, 1930's bungalow with HOME UPDATES: 2025: Freshly painted exterior, interior paint/drywall repairs, new back steps & front porch railing (2025). 2021 Repairs: Roof Replaced Added Kohler Natural Gas, fully-automated, Whole House Generator ($17K), Bathroom Remodel, New Insulation in Attic. 2020 Repairs: NEW Anderson windows ($30K), & Central A/C installed. 2017 Repairs: Garage Door Opener & NEW Metal Garage Roof. 2 bed, 1 bath with detached, 1-car garage sitting on a 7000 SF lot. Main level windows bring in good light throughout. All appliances, washer/dryer included. Home has a clean structural engineering report & a roof certification, so come check out the possibilities this property has to offer! (Buyer backed out just before appraisal conditions were met). Public records lists this as a 2 bed, but may be best described as 1 bed, with an additional flex room in the basement. See pic of the layout for the floor plan
| |||
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Property Highlights
Air Conditioning
Parking Details
Has Garage
Parking Features: RV Access/Parking
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: High Speed Internet, Separate Dining Room
Appliances: Dishwasher, Refrigerator, Washer, Dryer, Electric Range/Oven
Laundry Features: Washer Hookup, Main Level
Basement: Full, Partially Finished
Exterior Details
Square Footage: 1012
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch, Cottage/Bung
Year Built: 1938
Building Area Total: 616
Levels: One
Window Features: Window Coverings, Double Pane Windows
Construction Materials: Wood/Frame, Composition Siding
Lot Features: Level, Curbs, Sidewalks, Mineral Rights Included
Lot Size Area: 7400
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7400
Water Source: City Water, City of Greeley
Financial Details
Tax Annual Amount: $954
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : City Sewer
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
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Garden City
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Listed by: Robin Glasener, Sellstate Altitude Property Group
Last Updated: 9 months ago
Data Source: IRES MLS, MLS# 1039379
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 9 months ago
Data Source: IRES MLS, MLS# 1039379
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