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Greeley 80634
2851 40th Ave
$245,000
● House - Off Market

2851 40th Ave

Greeley, CO 80634
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,250 Ft²
$377,932
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Three bedroom, two full full baths on upper level.  Open floor plan on main level.  Neat home with mature landscaping.  Large beautifully landscaped backyard.   All newer stainless steel appliances are included.  Clothes washer and clothes dryer are included.  Newer hot water heater.   Roof is two years old.  Newer siding.
Unit Size
1,250 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$190
Property Type
House
Property Taxes
$71
HOA Dues
$13
Year Built
2005

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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 (IRES MLS #825884)

Price History

Date / Event Date Event Price
Aug 11, 2017 Sold
Premium
Sold
Jul 8, 2017 Listed by Four Peaks Real Estate $237,000
Listed by Four Peaks Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 476
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,775
  • Gross Building Area: 1,775
  • Building Area: 1,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,299
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GATEWAY LAKES
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR GWL L13 BLK2 GATEWAY LAKES

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 001406

Geography

  • Account Number: R2485803
  • Parcel: R2485803
  • Block: 2
  • Lot: 13
  • Latitude: 40.3892
  • Longitude: -104.746

    Address

  • Full Address: 2851 40th Ave
  • Address - House Number: 2851
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Greeley
  • Carrier Code: R005
  • 4-Digit Zip Code: 8357
  • Zip Code: 80634

Valuation

    Tax

  • Total Area: 1,299
  • Tax Year: 2023
  • Tax Amount: $165,820
  • Tax Rate Code Area: 0683

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 405,848
  • High Value: 487,838
  • Low Value: 323,857

    Market Valuation

  • Market Total Value: $359,366
  • Market Land Value: $75,000
  • Market Improvement Value: $284,366

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,080
  • Assessed Land Value: $5,030
  • Assessed Improvements Value: $19,050

    Sales

  • Current Sale Contract Date: Aug 07, 2017
  • Current Sale Recording Date: Aug 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4326269
  • Previous Sale Recording Date: Jan 02, 2013
  • Previous Sale Contract Date: Dec 26, 2012
  • Previous Sale Document Type: 40
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 Greeley

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1998 ft²

Average Home Age

43.6 years

Currently For Sale

670 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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IRES

Listed by: David Clark, Four Peaks Real Estate
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 825884
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.

Frequently Asked Questions

When was property at 2851 40th Avenue built and last sold?
The property at 2851 40th Avenue was built in 2005 and last sold on Aug 7, 2017 for $245,000.
How much is this home worth?
The estimated value of the home located at 2851 40th Avenue is $0.
What are some comparable homes to 2851 40th Avenue?
There are currently no comparable homes to 2851 40th Avenue.
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