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Fort Collins 80526 Meadowlark
2925 Ringneck Drive
$545,000
● House - Off Market

2925 Ringneck Drive

Fort Collins, CO 80526
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,402 Ft²
$2,963
Est. Monthly
4.46%
Cap Rate

About This Property

Mid Town Fort Collins in Meadowlark Heights.  Original Owner has Maintained and Updated this Personal Residence.  3+ bedrooms (4th was removed for a larger Family Room).  Primary Bedroom with 3/4 Bathroom.  2nd upper Level Bedroom with Large Walk-in Closet or Storage Room.  Large Kitchen with added Cabinets and Breakfast Bar, Deck to the Back yard off the Dining Area plus Patio Door off the Family room onto the Covered Patio.  Finished Rec. Room in the Basement.  Oversized 2 Car Garage, Boat/Trailer parking plus attached Storage Shed. Updated Vinyl Windows and Siding.  Close to Elementary School, Shopping and Dining.
Unit Size
2,402 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$233
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1971

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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: 3 years ago (REcolorado MLS #RECIR998409)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Oct 19, 2023 Listed by RE/MAX Alliance-FTC South $560,000
Listed by RE/MAX Alliance-FTC South

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 648
  • Garage Type: 1
  • Garage Square Area: 594
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,094
  • Total Building Area: 2,996
  • Gross Building Area: 2,996
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH MEADOWLARK HEIGHTS
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 7 & S 6 FT OF LOT 6, BLK 9, S MEADOW LARK HTS 2ND, FTC

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 001106

Zoning

  • Zoning: RL

Geography

  • Assessors Map Reference: 97261
  • Account Number: R0133434
  • Parcel: R0133434
  • Block: 9
  • Lot: 7,6
  • Meridian: SEC 26 TWN 7N RNG 69W
  • Municipality: FORT COLLINS
  • Latitude: 40.5471
  • Longitude: -105.082

    Address

  • Full Address: 2925 Ringneck Dr
  • Address - House Number: 2925
  • Address - Street Name: Ringneck
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C023
  • 4-Digit Zip Code: 2856
  • Zip Code: 80526

Valuation

    Tax

  • Total Area: 2,402
  • Tax Year: 2023
  • Tax Amount: $234,582
  • Tax Rate Code Area: 1100

    Appraisal Valuation

  • Standard Deviation: 0.0581
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 98
  • Final Value: 556,415
  • High Value: 588,773
  • Low Value: 524,057

    Market Valuation

  • Market Total Value: $538,500
  • Market Land Value: $40,000
  • Market Improvement Value: $498,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $36,080
  • Assessed Land Value: $2,680
  • Assessed Improvements Value: $33,400

    Sales

  • Current Sale Contract Date: Dec 27, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 54994
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 Meadowlark

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$287

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1995 ft²

Average Home Age

54.8 years

Currently For Sale

0 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 2925 Ringneck Drive built and last sold?
The property at 2925 Ringneck Drive was built in 1971 and last sold on Dec 27, 2023 for $545,000.
How much is this home worth?
The estimated value of the home located at 2925 Ringneck Drive is $565,389.
What are some comparable homes to 2925 Ringneck Drive?
There are currently no comparable homes to 2925 Ringneck Drive.
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