$190,000
●
Land -
For Sale
540 King Ave
Johnstown, CO 80534
Studio
0 Bath
$1,266
Est. Monthly
About This Property
Design and build your new home your way. Seller financing option is
available. This is one of the last 3 lots available. No restrictive
HOA! This corner lot can accommodate side load garages. Park your
RVs and boats on your site! Redstone Hills is a beautiful,
easy-going & friendly covenant-controlled neighborhood. Located in
the heart of Johnstown within walking distance to its delightful
historic downtown district & its acclaimed schools. Take in fresh
air in the subdivision's own Sunrise Park with its lake and
playground areas. It also abuts Nelson Farm Park with its
ballfields, events center & beautiful mountain views. Redstone
Hills residents enjoy great views and a wonderful neighborly
atmosphere.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$333
HOA Dues
-
Year Built
-
Listed By
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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: 4 months ago (IRES MLS #IRE1055648)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2026 | Relisted | $190,000 | |
| Relisted | |||
| Jul 6, 2026 | No longer available | - | |
| No longer available | |||
| Apr 4, 2026 | Listed | $190,000 | |
| Listed | |||
| Apr 20, 2024 | No longer available | - | |
| No longer available | |||
| Apr 18, 2024 | Listed by RE/MAX of Boulder, Inc | $190,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| | |||
|
No restrictive HOA! This corner lot can accommodate side load garages. Park your RVs and boats on your site! Redstone Hills is a beautiful, easy-going & friendly covenant-controlled neighborhood. Located in the heart of Johnstown within walking distance to its delightful downtown district & its acclaimed schools. Take in fresh air in the subdivision's own adjacent Sunrise Park with its lake and playground areas. It also abuts Nelson Farm Park with its ballfields, events center & beautiful mountain views. Redstone Hills residents enjoy the views and a wonderful neighborly atmosphere.
| |||
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Property Highlights
With View
Exterior Details
Lot Features: Corner Lot, Level, City Lot, Paved, House Faces East, City Limits, Gutters, Sidewalks, Street Light, Fire Hydrant within 500 Feet, Mineral Rights Excluded
Lot Size Area: 10454.4
Lot Size Units: Square Feet
Lot Size Acres: 0.24
Lot Size Square Feet: 10454.4
Water Source: Public
Financial Details
Tax Annual Amount: $3,992
Utilities Details
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Johnstown
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Listed by: Brad Clarkson,
Last Updated: 4 months ago
Data Source: IRES MLS, MLS# IRE1055648
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 4 months ago
Data Source: IRES MLS, MLS# IRE1055648
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