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Brighton 80601
397 Eastern Ave
$430,000
● House - Off Market

397 Eastern Ave

Brighton, CO 80601
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,342 Ft²
$434,877
RealtyHop Estimate
1.13%
Since Feb 1, 2022
CO-Denver
Primary Model

About This Property

Outstanding opportunity in this one owner, solid brick ranch! Don't let this one slip by! Major components have been addressed. Newer boiler, hot water heater, roof, central a/c, sewer line replaced out to the main. Anderson clad windows on main floor. Unfinished bsmt, great for expansion with a 3/4 bath already in. Lovely yard and great location near schools, parks & trails. Property is being sold in "as is" condition
Unit Size
1,342 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$320
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1963

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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: 11 months ago (REcolorado MLS #5811989)

Price History

Date / Event Date Event Price
Jan 12, 2022 Sold
Premium
Sold
Dec 2, 2021 Listed by RE/MAX of Boulder $430,000
Listed by RE/MAX of Boulder

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,342
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 29
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,125
  • Gross Building Area: 3,215
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET VIEW SUBD
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:SUNSET VIEW SUBD BLK:3 LOT:9

Neighborhood

  • School District Name: Brighton School District 27J
  • School Tax School District: SD 27-BRIGHTON
  • Census Tract: 008605

Geography

  • Assessors Map Reference: 138-U
  • Account Number: R0006086
  • Parcel: R0006086
  • Block: 3
  • Lot: 9
  • Meridian: SEC 08 QTR 2 TWN 01S RNG 66W
  • Latitude: 39.9797
  • Longitude: -104.806

    Address

  • Full Address: 397 Eastern Ave
  • Address - House Number: 397
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Brighton
  • Carrier Code: C004
  • 4-Digit Zip Code: 2322
  • Zip Code: 80601

Valuation

    Tax

  • Total Area: 2,684
  • Tax Year: 2022
  • Tax Amount: $259,666
  • Tax Rate Code Area: 31-316

    Appraisal Valuation

  • Standard Deviation: 0.1062
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 89
  • Final Value: 450,508
  • High Value: 498,394
  • Low Value: 402,622

    Market Valuation

  • Market Total Value: $429,000
  • Market Land Value: $80,000
  • Market Improvement Value: $349,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,020
  • Assessed Land Value: $5,410
  • Assessed Improvements Value: $23,610

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 2022000003469
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 Brighton

Stats & Trends

Median Asking:

$508,925

Sale Price/ft²

$248

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2075 ft²

Average Home Age

23.3 years

Currently For Sale

348 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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REcolorado

Listed by: Denise Maslanka, RE/MAX of Boulder
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 5811989
© 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 397 Eastern Avenue built and last sold?
The property at 397 Eastern Avenue was built in 1963 and last sold on Jan 7, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 397 Eastern Avenue is $431,819.
What are some comparable homes to 397 Eastern Avenue?
There are currently no comparable homes to 397 Eastern Avenue.
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