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Logan 80751
30248 County Road 18
$400,000
● House - Off Market

30248 County Road 18

Sterling, CO 80751
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,308 Ft²
$450,877
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

So many possibilities! Over 4,000 sf of living space! 2 for 1! 1308 sf house with newer windows and lots of potential and 2,700 sf completely finished shop/house! 25 acre property only 12 miles from Sterling! Many outbuildings. Shop is a very well insulated, quality Morton building with heat & air, 10' ceilings, attached garage, large kitchen & living area, half bath, 14x10 office/bedroom, 29x23 room, 8x8x8 concrete vault. Building would make a great home, business, hunting lodge, daycare, etc
Unit Size
1,308 Ft²
Days on Market
-
Land Size
25.00 acres
Price per sqft
$325
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1921

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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 #RECIR965793)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
May 17, 2022 Listed by Vandenbark Realty $425,000
Listed by Vandenbark Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1940
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 780
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,089,000
  • Total Building Area: 1,452
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,452
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000025000
  • Standard Land Use Code: 1008
  • County Land Use Code: 4277
  • Legal Description 1: A TRACT IN NW4 BEG AT NW COR TH E ON N LINE 1625.1' TH R 89D16' 678.7' TH R 90D44' 1604.3' TH R 87D31 679.3' TO POB 30-07-50

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966400

Geography

  • Parcel: 6792000
  • Municipality: STERLING
  • Latitude: 40.5543
  • Longitude: -103.005

    Address

  • Full Address: 30248 County Road 18
  • Address - House Number: 30248
  • Address - Street Name: County Road 18
  • State: CO
  • City Name: Sterling
  • Carrier Code: R001
  • 4-Digit Zip Code: 8824
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 2,088
  • Tax Year: 2023
  • Tax Amount: $223,190
  • Tax Rate Code Area: 118

    Appraisal Valuation

  • Standard Deviation: 0.2036
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 393,539
  • High Value: 473,700
  • Low Value: 313,378

    Market Valuation

  • Market Total Value: $198,820
  • Market Land Value: $1,460
  • Market Improvement Value: $197,360

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,730
  • Assessed Land Value: $390
  • Assessed Improvements Value: $38,340

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 764530
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 Logan

Stats & Trends

Median Asking:

$252,500

Sale Price/ft²

$168

Above Asking

5.39%

Average Days on Market

64

Average Home Size

1699 ft²

Average Home Age

77.6 years

Currently For Sale

154 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 30248 County Rd 18 built and last sold?
The property at 30248 County Rd 18 was built in 1921 and last sold on Dec 19, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 30248 County Rd 18 is $0.
What are some comparable homes to 30248 County Rd 18?
There are currently no comparable homes to 30248 County Rd 18.
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