$185,000
●
House -
For Sale
401 Park St
Sterling, CO 80751
2 Beds
2 Baths
992 Ft²
$944
Est. Monthly
13.75%
Cap Rate
About This Property
NEW ROOF, FRESH EXTERIOR PAINT, FOUNDATION CERTIFIED, NEW WATER
HEATER, A NEW METER WILL BE INSTALLED WITH 100 AMP SERVICE UPGRADE,
SEWER LINE WILL BE REPLACED. Large corner lot with 2 bedrooms, each
with built-in closets and private full bath. Formally a duplex, now
converted to a single family house with a large living room, dining
room, kitchen, utility room and mud room/storage (formerly the 2nd
kitchen). There is a detached 2-car garage with new doors, with
wall separating each size with storage. Property has a large lot
which offers room for extra utility vehicles, boat and camper. Easy
to show.
Unit Size
992 Ft²
Days on Market
443 days
Land Size
0.14 acres
Price per sqft
$186
Property Type
House
Property Taxes
$35
HOA Dues
-
Year Built
-
Listed By
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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: 2 years ago (IRES MLS #1032846)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | No longer available | - | |
| No longer available | |||
| Apr 30, 2025 | Listed | $170,000 | |
| Listed | |||
   | |||
|
NEW ROOF, FRESH EXTERIOR PAINT, FOUNDATION CERTIFIED, NEW WATER HEATER, A NEW METER WILL BE INSTALLED WITH 100 AMP SERVICE UPGRADE, SEWER LINE WILL BE REPLACED. Large corner lot with 2 bedrooms, each with built-in closets and private full bath. Formally a duplex, now converted to a single family house with a large living room, dining room, kitchen, utility room and mud room/storage (formerly the 2nd kitchen). There is a detached 2-car garage with new doors, with wall separating each size with storage. Property has a large lot which offers room for extra utility vehicles, boat and camper. Easy to show.
| |||
Property Highlights
With View
Parking Details
Has Garage
Parking Features: Alley Access
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: High Speed Internet, Satellite Avail, Separate Dining Room
Appliances: Dishwasher, Refrigerator, Gas Range/Oven
Laundry Features: Washer Hookup, Main Level
Basement: Partial, Unfinished, Crawl Space
Exterior Details
Square Footage: 992
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1941
Building Area Total: 992
Levels: One
Other Structures: Storage
Building Area Units: Square Feet
Window Features: Window Coverings
Construction Materials: Wood Siding, Wood/Frame, Painted/Stained
Lot Features: Near Golf Course, Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System
Lot Size Area: 6251
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6251
Water Source: City Water, CITY OF STERLING
Financial Details
Tax Annual Amount: $425
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Wall Furnace
Sewer : City Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sterling
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Listed by: Michele Owen, RE/MAX Homestead Northeast
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1032846
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1032846
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