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Severance 80615
335 Central Avenue
$510,000
● House - Off Market

335 Central Avenue

Severance, CO 80550
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,715 Ft²
$542,602
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Like new, without the long wait of new construction. A beautiful and spacious 5 bedroom home with main floor guest bedroom, study, 3 car garage and full unfinished basement!  This home offers tons of storage and closet space, large kitchen, upstairs laundry, loft plus sitting area off owner's suite!  Enjoy the fully fenced and covered patio!
Unit Size
2,715 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$181
Property Type
House
Property Taxes
$290
HOA Dues
$80
Year Built
2019

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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 #RECIR954896)

Price History

Date / Event Date Event Price
Dec 27, 2021 Sold
Premium
Sold
Nov 11, 2021 Listed by RE/MAX Alliance-Loveland $492,511
Listed by RE/MAX Alliance-Loveland
Feb 26, 2020 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • 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
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,131
  • Garage Type: 1
  • Garage Square Area: 651
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,425
  • Total Building Area: 4,485
  • Gross Building Area: 4,485
  • Building Area: 2,703
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,703
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAILHOLT 2ND FILING
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 7 BLOCK 8 TAILHOLT 2ND FILING

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Account Number: R8955320
  • Parcel: R8955320
  • Block: 8
  • Lot: 7
  • Latitude: 40.5211
  • Longitude: -104.846

    Address

  • Full Address: 335 Central Ave
  • Address - House Number: 335
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Severance
  • Carrier Code: R008
  • 4-Digit Zip Code: 3290
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $508,642
  • Tax Rate Code Area: 5244

    Appraisal Valuation

  • Standard Deviation: 0.1359
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 554,945
  • High Value: 630,375
  • Low Value: 479,514

    Market Valuation

  • Market Total Value: $568,000
  • Market Land Value: $95,000
  • Market Improvement Value: $473,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,060
  • Assessed Land Value: $6,370
  • Assessed Improvements Value: $31,690

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4787889
  • Previous Sale Recording Date: Feb 26, 2020
  • Previous Sale Contract Date: Feb 21, 2020
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: 68
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 Severance

Stats & Trends

Median Asking:

$524,950

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2551 ft²

Average Home Age

8.4 years

Currently For Sale

121 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 335 Central Avenue built and last sold?
The property at 335 Central Avenue was built in 2019 and last sold on Dec 16, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 335 Central Avenue is $499,786.
What are some comparable homes to 335 Central Avenue?
There are currently no comparable homes to 335 Central Avenue.
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