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Sterling 80751
524 Poplar Street
$217,000
● House - Off Market

524 Poplar Street

Sterling, CO 80751
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,304 Ft²
$257,499
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

AN AMAZING HOME CENTRALLY LOCATED.  BOTH BEDROOMS OFFER THEIR OWN BATHROOMS, LARGE LIVING ROOM & DINING ROOM, KITCHEN FEATURES UPDATED COUNTERS & NEWER APPLIANCES. MOST ALL OF THE INTERIOR HAS BEEN PAINTED, INCLUDING CEILINGS AS WELL AS EXTERIOR. 50 YEAR SHINGLES INSTALLED THIS PAST YEAR. NICE STORAGE SHED OUT BACK. HOME ALSO FEATURES  OFFICE AREA OFF THE GARAGE WITH IT'S OWN ENTRYWAY.  STAMPED CONCRETE AT ENRYWAYS. BEAUTIFUL YARD WITH Sprinkler SYSTEMS & ALL 4 TREATMENTS HAVE BEEN PAID FOR THIS SUMMER SEASON.
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$173
Property Type
House
Property Taxes
$37
HOA Dues
-
Year Built
1915

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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: 3 years ago (REcolorado MLS #RECIR940174)

Price History

Date / Event Date Event Price
Aug 9, 2021 Sold
Premium
Sold
May 13, 2021 Listed by Choice Real Estate $225,000
Listed by Choice Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1941
  • Total Rooms: 5
  • 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: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,092
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,017
  • Lot Size Depth Feet: 1,229
  • Lot Size Frontage Feet: 461
  • Total Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAYLOR REPLAT 2
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 2 SAYLOR REPLAT 2 OF SAYLOR REPLAT

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966200

Geography

  • Parcel: 38052529433024
  • Lot: 2
  • Municipality: STERLING
  • Latitude: 40.6269
  • Longitude: -103.211

    Address

  • Full Address: 524 Poplar St
  • Address - House Number: 524
  • Address - Street Name: Poplar
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C004
  • 4-Digit Zip Code: 3348
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,304
  • Tax Year: 2023
  • Tax Amount: $68,104
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 243,370
  • High Value: 302,631
  • Low Value: 184,110

    Market Valuation

  • Market Total Value: $160,460
  • Market Land Value: $33,750
  • Market Improvement Value: $126,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,160
  • Assessed Land Value: $2,350
  • Assessed Improvements Value: $8,810

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 756694
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

Rentals Near You

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Frequently Asked Questions

When was property at 524 Poplar Street built and last sold?
The property at 524 Poplar Street was built in 1915 and last sold on Aug 6, 2021 for $217,000.
How much is this home worth?
The estimated value of the home located at 524 Poplar Street is $227,586.
What are some comparable homes to 524 Poplar Street?
There are currently no comparable homes to 524 Poplar Street.
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