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Boulder 80540
414 Riverside Drive
$236,000
● House - Off Market

414 Riverside Drive

Lyons, CO 80540
bedrooms
2 Beds
bathrooms
1 Bath
square feet
692 Ft²
$247,659
RealtyHop Estimate
-0.54%
Since Nov 1, 2023
CO-Denver
Primary Model

About This Property

Significant price improvement on this fully furnished summer cabin!  Escape from the heat as the mountains are calling.  Just a short drive to Rocky Mountain National Park! This cozy retreat is quaint, cute and waiting for your touches to call it your own!  Home features a newer roof. Current owners added a bathroom in 2010. Outhouse is now used as a shed.  Home also features a propane heater and a gas fireplace. Source of water is a cistern. Septic system is a vault tank, & the propane tank is outright owned. Second 'bedroom' is NON-conforming. This property can only be purchased with cash or a strong buyer using a 'portfolio' loan.
Unit Size
692 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$360
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
1939

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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 #RECIR992076)

Price History

Date / Event Date Event Price
Oct 10, 2023 Sold
Premium
Sold
Jul 13, 2023 Listed by Slifer Smith & Frampton-Niwot $249,000
Listed by Slifer Smith & Frampton-Niwot
Jun 24, 1986 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 9
  • Interior Walls Type: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,239
  • Total Building Area: 692
  • Gross Building Area: 692
  • Building Area: 692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 692
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE - MT
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: PT S OF HWY LOT 5 & PT LOT 6 AKA TR 3961 LESS STATE HWY BLK 5 RIVERSIDE PER REC 768855 06/24/86 BCR

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013601

Zoning

  • Zoning: F

Geography

  • Assessors Map Reference: N-E
  • Account Number: R0053683
  • Subdivision Tract Number: 3961
  • Parcel: R0053683
  • Block: 5
  • Lot: 5
  • Meridian: SEC 34 TWN 3N RNG 72
  • Municipality: MOUNTAIN
  • Latitude: 40.1766
  • Longitude: -105.436

    Address

  • Full Address: 414 Riverside Dr
  • Address - House Number: 414
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Lyons
  • Zip Code: 80540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $115,416
  • Tax Rate Code Area: 00-810

    Appraisal Valuation

  • Standard Deviation: 0.0672
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 96
  • Final Value: 235,288
  • High Value: 251,120
  • Low Value: 219,456

    Market Valuation

  • Market Total Value: $274,400
  • Market Land Value: $23,800
  • Market Improvement Value: $250,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,563
  • Assessed Land Value: $1,610
  • Assessed Improvements Value: $16,953

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4024386
  • Previous Sale Recording Date: Jun 24, 1986
  • Previous Sale Contract Date: Jun 24, 1986
  • Previous Sale Amount: $36,000
  • 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 Boulder

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$376

Above Asking

0.00%

Average Days on Market

55

Average Home Size

2327 ft²

Average Home Age

37.8 years

Currently For Sale

2317 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 414 Riverside Drive built and last sold?
The property at 414 Riverside Drive was built in 1939 and last sold on Oct 6, 2023 for $232,500.
How much is this home worth?
The estimated value of the home located at 414 Riverside Drive is $0.
What are some comparable homes to 414 Riverside Drive?
There are currently no comparable homes to 414 Riverside Drive.
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