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Larimer 80540
370 Wichita Road
$565,000
● House - Off Market

370 Wichita Road

Lyons, CO 80540
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,606 Ft²
$596,896
RealtyHop Estimate
8.63%
Since Aug 1, 2021
CO-Denver
Primary Model

About This Property

Recently updated raised ranch home on a spacious 1.25 acre lot in covetable Pinewood Springs! An open floor plan, wood floors, granite counters, stainless appliances, custom rock fireplace, newer roof and windows are just a few of the features this fantastic homes boasts! Watch abundant wildlife from your back porch, hop on some of the many trails or pop over to Crescent Lake or the Little Thompson River, both just a block away!
Unit Size
1,606 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$342
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968

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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 #RECIR938301)

Price History

Date / Event Date Event Price
Jul 28, 2021 Sold
Premium
Sold
Apr 21, 2021 Listed by Gateway Realty Group $549,500
Listed by Gateway Realty Group
Aug 9, 2016 Sold
Premium
Sold
May 3, 2004 Sold
Premium
Sold

Property Highlights

Fireplace
With View
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 40
  • 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: 480
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 2,668
  • Gross Building Area: 2,668
  • Building Area: 1,612
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,612
  • Heating Fuel Type: 7

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEWOOD SPRINGS
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 181, PINEWOOD SPRINGS 7TH

Neighborhood

  • School District Name: Park School District R-3
  • Census Tract: 001905

Zoning

  • Zoning: O

Geography

  • Assessors Map Reference: 14282
  • Account Number: R0540064
  • Parcel: R0540064
  • Lot: 181
  • Meridian: SEC 28 TWN 4N RNG 71W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.2879
  • Longitude: -105.348

    Address

  • Full Address: 370 Wichita Rd
  • Address - House Number: 370
  • Address - Street Name: Wichita
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Lyons
  • Carrier Code: H074
  • 4-Digit Zip Code: 8232
  • Zip Code: 80540

Valuation

    Tax

  • Total Area: 1,612
  • Tax Year: 2023
  • Tax Amount: $419,814
  • Tax Rate Code Area: 3031

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 664,399
  • High Value: 753,933
  • Low Value: 574,866

    Market Valuation

  • Market Total Value: $715,600
  • Market Land Value: $220,000
  • Market Improvement Value: $495,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $47,945
  • Assessed Land Value: $14,740
  • Assessed Improvements Value: $33,205

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210071832
  • Previous Sale Recording Date: Aug 09, 2016
  • Previous Sale Contract Date: Aug 05, 2016
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: 71
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 Larimer

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$283

Above Asking

83.39%

Average Days on Market

56

Average Home Size

2248 ft²

Average Home Age

28 years

Currently For Sale

3436 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 370 Wichita built and last sold?
The property at 370 Wichita was built in 1968 and last sold on Jul 19, 2021 for $565,000.
How much is this home worth?
The estimated value of the home located at 370 Wichita is $0.
What are some comparable homes to 370 Wichita?
There are currently no comparable homes to 370 Wichita.
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