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Sterling 80751
408 Park Street
$159,000
● House - Off Market

408 Park Street

Sterling, CO 80751
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,098 Ft²
$169,911
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

THIS HOME HAS SO MUCH TO OFFER A NEW OWNER. DON'T MISS YOUR CHANCE TO OWN THIS HOME OUTSIDE THE FLOOD PLAIN. A WHEELCHAIR RAMP IN THE FRONT OF THIS RANCH STYLE HOME WILL MAKE EASE OF ENTERING A BREEZE. THERE IS A GAS FIREPLACE IN THE LIVING ROOM TO KEEP YOU WARM AS THE SNOW FLIES THIS WINTER. THE BACKYARD HAS A STORM CELLAR/ROOT CELLAR ADDING TO THE UNIQUENESS OF THIS HOME. SINGLE CAR GARAGE OFF THE ALLEY WITH GARAGE DOOR OPENER. YARD IS FULLY FENCED & HAS A SPRINKLER SYSTEM. COME TAKE A LOOK!
Unit Size
1,098 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$150
Property Type
House
Property Taxes
$41
HOA Dues
-
Year Built
1918

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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: 3 years ago (REcolorado MLS #RECIR954269)

Price History

Date / Event Date Event Price
Apr 1, 2022 Sold
Premium
Sold
Nov 1, 2021 Listed by Choice Real Estate $165,000
Listed by Choice Real Estate
Jan 23, 2015 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1937
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,273
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,098
  • Building Area: 1,098
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,098
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: B&M 1ST ADDN
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 15 BLK 22 B&M ADDN STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966300

Geography

  • Parcel: 4751000
  • Block: 22
  • Lot: 15
  • Municipality: STERLING
  • Latitude: 40.6198
  • Longitude: -103.217

    Address

  • Full Address: 408 Park St
  • Address - House Number: 408
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C005
  • 4-Digit Zip Code: 3939
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,098
  • Tax Year: 2023
  • Tax Amount: $29,710
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2565
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 168,303
  • High Value: 211,481
  • Low Value: 125,125

    Market Valuation

  • Market Total Value: $94,320
  • Market Land Value: $25,000
  • Market Improvement Value: $69,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,560
  • Assessed Land Value: $1,740
  • Assessed Improvements Value: $4,820

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 760715
  • Previous Sale Recording Date: Jan 23, 2015
  • Previous Sale Contract Date: Jan 22, 2015
  • Previous Sale Amount: $55,000
  • 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 Sterling

Stats & Trends

Median Asking:

$234,500

Sale Price/ft²

$165

Above Asking

7.44%

Average Days on Market

64

Average Home Size

1450 ft²

Average Home Age

84.6 years

Currently For Sale

104 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 408 Park Street built and last sold?
The property at 408 Park Street was built in 1918 and last sold on Mar 31, 2022 for $159,000.
How much is this home worth?
The estimated value of the home located at 408 Park Street is $0.
What are some comparable homes to 408 Park Street?
There are currently no comparable homes to 408 Park Street.
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