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Sterling 80751
310 Broadway Street
$220,000
● House - Off Market

310 Broadway Street

Sterling, CO 80751
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,450 Ft²
$1,178
Est. Monthly
14.18%
Cap Rate

About This Property

This home has been remodeled with new windows, new laminate flooring, new carpet, fresh interior paint, new bathroom tile, vanity and stool, plus a new HVAC system with central a/c, new kitchen and finished basement.  Upstairs has 2 bedrooms, full bath, living room/dining room combo and a large kitchen.  There is a 3rd bedroom with a raised platform perfect for a single bed (no closet in room).  Basement has a large family room, utility room, mechanical room with extra storage and a 4th bedroom (non-conforming no closet, no egress window).  There is a large fenced backyard, and a detached 1-car garage.
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$162
Property Type
House
Property Taxes
$24
HOA Dues
-
Year Built
1919

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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 #RECIR1002203)

Price History

Date / Event Date Event Price
Apr 19, 2024 Sold
Premium
Sold
Jan 25, 2024 Listed by RE/MAX Homestead Northeast $234,900
Listed by RE/MAX Homestead Northeast
Feb 10, 2023 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 2
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 1
  • 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: 576
  • Garage Type: 4
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 928
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROADWAY ADDN
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 13 BLK 33 BROADWAY ADDN STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966200

Geography

  • Parcel: 4096000
  • Block: 33
  • Lot: 13
  • Municipality: STERLING
  • Latitude: 40.6333
  • Longitude: -103.203

    Address

  • Full Address: 310 Broadway St
  • Address - House Number: 310
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C002
  • 4-Digit Zip Code: 2704
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,504
  • Tax Year: 2023
  • Tax Amount: $6,530
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2497
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 104,885
  • High Value: 131,076
  • Low Value: 78,694

    Market Valuation

  • Market Total Value: $48,820
  • Market Land Value: $26,630
  • Market Improvement Value: $22,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,390
  • Assessed Land Value: $1,850
  • Assessed Improvements Value: $1,540

    Sales

  • Current Sale Contract Date: Feb 09, 2023
  • Current Sale Recording Date: Feb 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 765193
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 Sterling

Stats & Trends

Median Asking:

$229,000

Sale Price/ft²

$165

Above Asking

7.61%

Average Days on Market

63

Average Home Size

1454 ft²

Average Home Age

84.2 years

Currently For Sale

107 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

Rentals Near You

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Frequently Asked Questions

When was property at 310 Broadway Street built and last sold?
The property at 310 Broadway Street was built in 1919 and last sold on Feb 9, 2023 for $55,000.
How much is this home worth?
The estimated value of the home located at 310 Broadway Street is $0.
What are some comparable homes to 310 Broadway Street?
There are currently no comparable homes to 310 Broadway Street.
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