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Wheat Ridge 80033 Bel Aire
3940 Allison St
$632,000
● House - Off Market

3940 Allison St

Wheat Ridge, CO 80033
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,406 Ft²
$842,965
RealtyHop Estimate
33.38%
Since Jun 1, 2020
CO-Denver
Primary Model
Unit Size
3,406 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$186
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1958

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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: 2 years ago (REcolorado MLS #5668181)

Price History

Date / Event Date Event Price
May 6, 2020 Sold
Premium
Sold
May 1, 2020 Listed $632,000
Listed
Mar 9, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,213
  • Garage Type: 1
  • Garage Square Area: 471
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,674
  • Total Building Area: 3,911
  • Gross Building Area: 4,123
  • Building Area: 2,227
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,227
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELROSE MANOR
  • Land Acres: 0000000268
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • State Land Use Code: 1112
  • Legal Description 1: SECTION 23 TOWNSHIP 03 RANGE 69 QTR SW SUBDIVISIONCD 523200 SUBDIVISIONNAME MELROSE MANOR BLOCK 005 LOT 0008 SIZE: 11686 TRACT VALUE: .268

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 010502

Geography

  • Assessors Map Reference: 16-K
  • Account Number: 300025737
  • Parcel: 39-233-12-005
  • Block: 5
  • Lot: 8
  • Meridian: SEC 23 TWN 03S RNG 69W
  • Municipality: WHEAT RIDGE
  • Latitude: 39.7723
  • Longitude: -105.086

    Address

  • Full Address: 3940 Allison St
  • Address - House Number: 3940
  • Address - Street Name: Allison
  • Address - Suffix Type: St
  • State: CO
  • City Name: Wheat Ridge
  • Carrier Code: C001
  • 4-Digit Zip Code: 4532
  • Zip Code: 80033

Valuation

    Tax

  • Total Area: 3,406
  • Tax Year: 2023
  • Tax Amount: $422,246
  • Tax Rate Code Area: 3139

    Appraisal Valuation

  • Standard Deviation: 0.152
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 819,977
  • High Value: 944,641
  • Low Value: 695,314

    Market Valuation

  • Market Total Value: $775,797
  • Market Land Value: $329,314
  • Market Improvement Value: $446,483

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,293
  • Assessed Land Value: $22,064
  • Assessed Improvements Value: $26,229

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: May 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2020050930
  • Previous Sale Recording Date: Mar 09, 2018
  • Previous Sale Contract Date: Mar 09, 2018
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: 54
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 Bel Aire

Stats & Trends

Median Asking:

$660,000

Sale Price/ft²

$337

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1913 ft²

Average Home Age

55.1 years

Currently For Sale

28 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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REcolorado

Listed by: Thomas Spahr,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 5668181
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3940 Allison Street built and last sold?
The property at 3940 Allison Street was built in 1958 and last sold on May 1, 2020 for $632,000.
How much is this home worth?
The estimated value of the home located at 3940 Allison Street is $0.
What are some comparable homes to 3940 Allison Street?
There are currently no comparable homes to 3940 Allison Street.
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