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Sterling 80751
501 Denver Street
$265,000
● House - Off Market

501 Denver Street

Sterling, CO 80751
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,080 Ft²
$278,188
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This beautiful 4 Bedroom 2 bath home has you covered in every sense of the word. From the minute you enter the cozy enclosed front porch, all the way through to the amazing back patio this home offers it all. Newer Argon Gas windows throughout the home. New hot water heater in 2021. Perfect size back yard with garden area and sprinkler system.  The oversized garage has an extra work space in it as well as a loft area for extra storage. Large family room in the basement for movie nights or great hang out space. Large bedroom in the basement has a cedar closet. Don't delay this is a good one.
Unit Size
2,080 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$132
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1920

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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 #RECIR962111)

Price History

Date / Event Date Event Price
Aug 16, 2023 Sold
Premium
Sold
Mar 22, 2023 Listed by Choice Real Estate $279,999
Listed by Choice Real Estate
Jun 14, 2022 Sold
Premium
Sold
Apr 3, 2022 Listed by Choice Real Estate $275,000
Listed by Choice Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1940
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,040
  • Garage Type: 4
  • Garage Square Area: 780
  • Parking Space Count: 3
  • 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: 1,816
  • Building Area: 1,816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WIN MORRIS SUBD
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOTS 1-2 WIN MORRIS SUBD OF BLK 14 2ND B&M ADDN

Neighborhood

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

Geography

  • Parcel: 3180000
  • Block: 14
  • Lot: 1-2
  • Municipality: STERLING
  • Latitude: 40.6202
  • Longitude: -103.219

    Address

  • Full Address: 501 Denver St
  • Address - House Number: 501
  • Address - Street Name: Denver
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C005
  • 4-Digit Zip Code: 3842
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 2,080
  • Tax Year: 2023
  • Tax Amount: $69,736
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 255,300
  • High Value: 317,466
  • Low Value: 193,135

    Market Valuation

  • Market Total Value: $162,080
  • Market Land Value: $25,000
  • Market Improvement Value: $137,080

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,270
  • Assessed Land Value: $1,740
  • Assessed Improvements Value: $9,530

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 767472
  • Previous Sale Recording Date: Jun 14, 2022
  • Previous Sale Contract Date: Jun 14, 2022
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 68
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:

$235,000

Sale Price/ft²

$166

Above Asking

7.49%

Average Days on Market

64

Average Home Size

1445 ft²

Average Home Age

84.9 years

Currently For Sale

105 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 501 Denver Street built and last sold?
The property at 501 Denver Street was built in 1920 and last sold on Aug 16, 2023 for $279,999.
How much is this home worth?
The estimated value of the home located at 501 Denver Street is $283,356.
What are some comparable homes to 501 Denver Street?
There are currently no comparable homes to 501 Denver Street.
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