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280 Sullivan St
$229,000
● House - Off Market

280 Sullivan St

Bailey, CO 80421
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,072 Ft²
$242,579
RealtyHop Estimate
5.93%
Since Dec 1, 2021
CO-Denver
Primary Model

About This Property

This cute cabin in the mountain town of Bailey Colorado has a lot to offer! The Harris Park Community offers stocked fishing ponds to its members, National Forest access blocks away, surrounded by Mount Evans Wilderness area. This 1 bed 1 bath has a basement with room to expand. Rustic wood floors in the kitchen/dining add that mountain charm. Enjoy the large porch with your morning coffee. Stay warm with the fireplace, propane heater, and wood burning stove. The roof is approximately 3 years old, and the property is filled with aspen and pine trees! The basement could be a great workshop. Utilities: Well, Septic, Electric, and Propane .
Unit Size
1,072 Ft²
Days on Market
34 days
Land Size
0.19 acres
Price per sqft
$214
Property Type
House
Property Taxes
$71
HOA Dues
$4
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #7306087)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Sep 29, 2021 Listed by Keller Williams Realty Success $229,000
Listed by Keller Williams Realty Success
Jun 6, 2018 Sold
Premium
Sold
Mar 10, 2015 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 18
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 7

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,072
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARRIS PARK UNIT 2
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • Legal Description 1: T06 R73 S24 NE4 HARRIS PARK ESTATES UNIT 2 BLOCK 035 LOT 16

Neighborhood

  • School District Name: Platte Canyon School District 1
  • Census Tract: 000101

Geography

  • Account Number: 19566
  • Parcel: R0019566
  • Block: 35
  • Lot: 16
  • Latitude: 39.5129
  • Longitude: -105.499

    Address

  • Full Address: 280 Sullivan St
  • Address - House Number: 280
  • Address - Street Name: Sullivan
  • Address - Suffix Type: St
  • State: CO
  • City Name: Bailey
  • Carrier Code: R005
  • 4-Digit Zip Code: 1584
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $135,818
  • Tax Rate Code Area: 0007

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 312,769
  • High Value: 375,940
  • Low Value: 249,598

    Market Valuation

  • Market Total Value: $228,593
  • Market Land Value: $4,608
  • Market Improvement Value: $223,985

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,890
  • Assessed Land Value: $320
  • Assessed Improvements Value: $15,570

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 787284
  • Previous Sale Recording Date: Jun 06, 2018
  • Previous Sale Contract Date: Jun 01, 2018
  • Previous Sale Amount: $95,000
  • 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 Park

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$327

Below Asking

0.03%

Average Days on Market

68

Average Home Size

1878 ft²

Average Home Age

31.9 years

Currently For Sale

563 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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REcolorado

Listed by: Patrick Gates, Keller Williams Realty Success
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 7306087
© 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 280 Sullivan Street built and last sold?
The property at 280 Sullivan Street was built in 1960 and last sold on Nov 30, 2021 for $229,000.
How much is this home worth?
The estimated value of the home located at 280 Sullivan Street is $241,472.
What are some comparable homes to 280 Sullivan Street?
There are currently no comparable homes to 280 Sullivan Street.
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