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Park
48 Ball Rd
$365,000
● House - Off Market

48 Ball Rd

Bailey, CO 80421
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$394,206
RealtyHop Estimate
8.00%
Since Oct 1, 2021
CO-Denver
Primary Model

About This Property

Cozy and well maintained cabin near Pikes Peak National Forest. Ranch style living with everything on the main floor! Walk in and look up, because you don't want to miss the beautiful pine, vaulted ceilings! Newer picture windows in the living room provide beautiful views of Mt Rosalie and the southside of Mt Evans. Open concept living/dining/kitchen with all appliances included. Main bedroom has a walk in closet and access to the full bath. Secondary bedroom and laundry room complete the main floor. Solar panels were installed Nov 2020 and will be paid in full and transferred in property; $13,000 value.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$362
Property Type
House
Property Taxes
$43
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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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: 24 days ago (REcolorado MLS #IRE6641769)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Aug 6, 2021 Listed $365,000
Listed

Property Highlights

Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARRIS PARK UNIT 2
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • Legal Description 1: T06 R73 S24 NE4 HARRIS PARK ESTATES UNIT 2 BLOCK 017 LOT 11, 12

Neighborhood

  • School District Name: Platte Canyon School District 1
  • Census Tract: 000101

Geography

  • Account Number: 19107
  • Parcel: R0019107
  • Block: 17
  • Lot: 11
  • Latitude: 39.5147
  • Longitude: -105.501

    Address

  • Full Address: 48 Ball Rd
  • Address - House Number: 48
  • Address - Street Name: Ball
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Bailey
  • Carrier Code: R005
  • 4-Digit Zip Code: 1512
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $194,276
  • Tax Rate Code Area: 0007

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 412,643
  • High Value: 495,986
  • Low Value: 329,300

    Market Valuation

  • Market Total Value: $274,044
  • Market Land Value: $13,183
  • Market Improvement Value: $260,861

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,050
  • Assessed Land Value: $920
  • Assessed Improvements Value: $18,130

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Sep 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 785006
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 Park

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$327

Below Asking

0.03%

Average Days on Market

68

Average Home Size

1876 ft²

Average Home Age

31.7 years

Currently For Sale

578 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: Kim Niles,
Last Updated: 24 days ago
Data Source: REcolorado MLS, MLS# IRE6641769
© 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 48 Ball Road built and last sold?
The property at 48 Ball Road was built in 1996 and last sold on Sep 27, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 48 Ball Road is $369,172.
What are some comparable homes to 48 Ball Road?
There are currently no comparable homes to 48 Ball Road.
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